Buffett_Groupie

Easy to be a sporadic shareholder and difficult to be a CONTINUOUS shareholder (the trick is to be locked out of the brokerage account after enough unsuccessful attempts with the wrong password)

Not smart at all, Sanjeev because being smart means the ability to accumulate FFH in 2020, not 2 decades too early (1998), i.e. smart folks can time it right before it started to rise while I had to hold 26 years to get the same result

First bought FFH at $498/share in 1998 when you sold yours as I must have bought yours and the rest is in the clip, enjoy 2024-04-11 Fairfax AGM Q&A.mp4

Reinforcing my confirmation bias: https://www.cnbc.com/2024/08/28/buffetts-berkshire-hathaway-hits-1-trillion-market-value-first-us-company-outside-of-tech-to-do-so.html

FFH share price gets no respect at all from good earnings report last week or sell-side analysts' consensus target price of C$2,000/share. Well, simply let management buy back more shares at lower prices, right? Without enduring the pain and suffering, any good results are underserving as Charlie Munger often said: "Why should it be easy to become rich? It isn't supposed to be easy. Anyone who finds it easy is stupid. The world isn't a crazy enough place yet to reward a bunch of underserving people." "Life is a struggle." - Karl Marx

Enjoy

Depressed with only 5% pop so far?

A reminder we're the oldest couple on the board

Buffett was 66 when we bought the first share and we expect at least another 6 years of compounding before he reaches Munger's current age. Prem Watsa is 20 years younger than Buffett, thus we expect another 2 decades of compounding before he reaches Buffett's current age. Long live to all value investors!

Looking forward to US$1,000 (https://finance.yahoo.com/quote/FRFHF) as the next historic milestone

Looking forward to $1,000 for https://finance.yahoo.com/quote/FRFHF next.

Making history today

https://medium.com/@markc6820/why-warren-buffetts-virtues-are-more-important-than-his-investment-advice-8309810a018c by linkedin.com/in/markchan-nyu

Enjoy https://en.byd.com/news-posts/byd-opens-worlds-largest-face-mask-manufacturing-plant/ :)