Daphne

From the perspective of share price, there may be a rush to take capital gains before the new rate kicks in on June 25.

They put a special tax on insurance cos and banks in last years budget

The MW short took place in 2024

Farming in the time of war: How Prem Watsa’s Fairfax Financial built an agribusiness portfolio in Ukraine ERIC REGULYEUROPEAN BUREAU CHIEF KYIV PUBLISHED YESTERDAY

Just click on Eng icon

Asked and answered dirtbag..next!

Rightly so…third party endorsements

If they show up on the call, expect lots of questions along the line of “when did you stop beating your wife?”

INVESTIGATION ALERT: Berger Montague is Investigating Securities Fraud Claims on Behalf of Fairfax Financial Holdings Limited (OTC: FRFHF, FFHPF) Investors Dow Jones - Updated 43 minutes ago INVESTIGATION ALERT: Berger Montague is Investigating Securities Fraud Claims on Behalf of Fairfax Financial Holdings Limited (OTC: FRFHF, FFHPF) Investors PHILADELPHIA, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Berger Montague is currently investigating potential violations of the federal securities laws on behalf of shareholders of Fairfax Financial Holdings Limited ("Fairfax Financial") (OTC: FRFHF, FFHPF). CLICK HERE TO LEARN MORE ABOUT THE INVESTIGATION Fairfax Financial, headquartered in Toronto, provides property and casualty insurance and reinsurance, as well as investment management services in the United States and internationally. On February 8, 2024, short-seller Muddy Waters Research published a report titled "Fairfax Financial Holdings Ltd.: The GE of Canada." Following this news, Fairfax Financial's share price fell by more than 11.6%, from a closing price of $1,041.43 on February 7, 2024 to a close of $920.37 on February 8, 2024 -- a decline of $121.06 per share. If you are a Fairfax Financial investor and would like to learn more about our investigation, please contact Berger Montague: James Maro at jmaro@bm.net or (267) 637-3176, or Andrew Abramowitz at aabramowitz@bm.net or (215) 875-3015 or CLICK HERE. Whistleblowers: Anyone with non-public information regarding Fairfax Financial is encouraged to confidentially assist Berger Montague's investigation or take advantage of the SEC Whistleblower program. Under this program, whistleblowers who provide original information may receive rewards totaling up to thirty percent (30%) of recoveries obtained by the SEC. For more information, contact us. Berger Montague, with offices in Philadelphia, Minneapolis, Washington, D.C., Delaware, San Diego, San Francisco and Chicago, has been a pioneer in securities class action litigation since its founding in 1970. Berger Montague has represented individual and institutional investors for over five decades and serves as lead counsel in courts throughout the United States.

I backed up the truck when it hit $89 back in the day. Been smiling ever since.

Sounds like an attempt to push FFH down so they can cover. Not our first rodeo.

Berkeley year end Fourth Quarter Return on Equity of 23.6% and Operating Return on Equity of 23.2%; Record Quarterly and Annual Pre-Tax Underwriting Income and Net Investment Income

Something is being unwound this month

I’m guessing algorithms kicked in at 1300 prompting the almost immediate sell off.

Sanjeev might recently introduced 2% Canadian buyback tax have tempered the attractiveness of buybacks?

First bought FFH in the mid 90s paying about $50 then bailed at $400 during the run up to $600 on feelings the company was about to take a hit from being overextended on some problem purchases in US. It did crash and almost burn. We started buying back at $80.00 and our cost basis is now about $165.00. I have way too much of my net worth tied up in FFh but do sleep well at night. Thank you Prem!

Typically there are several questions. Lack of questions indicates to me that like Viking ,people are travelling or, they understand and are pleased with the results

From peanut butter and health drinks to DNA tests for early detection of genetic diseases for dogs, the Indian pet care industry is evolving rapidly with its myriad offerings, amidst rising pet adoption, fuelled by millennials and Gen Z pet parents. Related Article Chandrayaan-3 findings show moon is habitable Industry players say that the cultural shift from mere ownership to the parenting attitude for pets is expected to help grow this industry at 19-20 per cent over the next decade till 2032. The boom is not just in the pet-food segment, which alone is estimated to be at ₹4,000 crore and growing at 25 per cent. Grooming services have mushroomed across cities and pet care platforms are offering everything from interactive toys to health supplements for the furry members of the family. Take for instance: Urban Animal which has launched DNA testing kits to ensure early detection of genetic ailments in dogs to increase their lifespan. Anushka Iyer, Founder & CEO, Wiggles, said pet owners are now converting to being pet parents and this has provided a huge boost to the pet care industry. “Apart from the food category, other segments like vet services, health and wellness, grooming and accessories have become a necessity and are seeing a steep growth. Even the tier-2 and tier-3 markets have been witnessing growth and increased awareness is a factor behind the growth of these markets,” she added.

Viking, I believe you’re dead on with respect to macros (as well as everything else). Most recall that the driver behind the disastrous hedges was Prem’s macro call on the economy.

Horn likely still belongs to the old shorting club. Still trying to recoup his losses.

Don’t have an informed answer to your question but if looking to hedge you might want to consider construction products and services

Short answer is likely yes however prem has said that Ffh will continue as if IFRs was not in place

Didn’t atlas go private?

I think this was one the best FFH AGMs. The fewer slides had a strong focus on how the strategic plan is being executed and how it will deliver in coming years. Not dissimilar to what Viking has been saying. The Q&A was bolstered by market perspectives from some key insurance heads and brief, off the cuff remarks by associate leaders on the theme of how to succeed through opportunistic investing with an eye to longer term results. The mood, during and after, reflected the satisfaction most investors are feeling both with the current results and their sense of the longer term prospects. Generally no concern about softening insurance markets because we could see that it would be well tempered at FFH by growing strength in the bond portfolio and the growing power of compounding. The future is looking very bright and maybe, dare I say, somewhat less lumpy.