NormR

David will be at the 2026 AGM and seems to be open to appearing at community events. Which ones should I invite him to?

Details for almost all of the Fairfax Week Events 2025 are now available. I look forward to seeing everyone again this year!

I've parked the lineup for Fairfax Lollapalooza 2024 on a public webpage over here ... https://www.stingyinvestor.com/FairfaxWeek2024.html If I've missed anything, please let me know.

People going to the FFH AGM should check out Fairfax Lollapalooza 2023 Those who aren't COBF members can read the public version instead.

Merry Christmas and happy holidays! May you and yours have a joyful season!

I've gone to them each year for the past decade, or so, and quite enjoyed them. They can vary a bit from year to year depending on the speakers. There are videos of several of the past speakers online. For instance https://www.ivey.uwo.ca/bengrahaminvesting/resources/video-library/ The online format is new for them. So, it'll be interesting to see how they handle it. (The networking and side meetings were really good in the past but, alas, probably won't happen this year.) If cost isn't an issue, I'd go for sure. But it's mostly an industry thing for those who can write off / expense the cost. It'd be a harder decision for retail investors of modest means. The later group might want to wait till next year for the full experience.

Almost 200 years at this point.

Keep in mind that Paul will likely have to do many unpalatable things at Torstar to have a chance of stopping the red ink. A bunch of them, like firing workers, will eat cash. The required repair job would likely have significant negative publicity value if FFH bought it instead - and the results probably wouldn't move the needle at FFH. There is a reason why Buffett got out of the liquidation business. I wish Paul the best of luck in his new endeavor.

Yes. A HISA can be an easy way to park cash at a Canadian bank broker and actually earn some interest. At last check the big ones all payout similar - and not great rates. ~1.1% at the moment, IIRC. Keep an eye out for anti-competitive broker fees that dissuade clients from using HISA of other banks.

A Hogtown carol Ho Ho Ho!

See the asset mixer or Norbert's data

The late 1990s set it up

I'd like to thank everyone for their commentary on this thread. It has been quite helpful!

Cool. Btw, investors can get around the FX issue with a little cross-border arbitrage. i.e. buying RY on the TSX (in CAD) and quickly selling it on the NYSE (in USD). Interesting, so you don't need to buy the data if you can get it elsewhere. I notice they have a minimum # of trades fee too but it's waived for accounts with more than ~$100k. Are there other similar charges that one should be aware of?

I'm looking for a Canadian discount broker (i.e. for Canadian residents) for a modest account (<$200k). What option would be good for value investors?