gfp

Bill Miller suspiciously unwilling to do the same

Jorge aint scared of no China Vietnam tariff

Wow - 3G Brazillionaires taking out Sketchers

A few more analyst price target updates this morning FWIW (not much!) Coremark Securities 2250 -> C$2700 BMO 2400 -> C$2500

Fairfax cleaning up the Keg royalty vehicle - https://www.globenewswire.com/news-release/2025/05/05/3074014/0/en/The-Keg-Royalties-Income-Fund-Enters-into-a-Letter-of-Intent-in-Respect-of-a-Proposed-Acquisition-of-All-Issued-and-Outstanding-Units-at-18-60-per-Unit.html

Another possibility I suppose - could have been through Pilot https://www.cnbc.com/2025/05/05/sunoco-to-buy-parkland.html Another thought - did Jorge call Warren about Sketchers? Doesn't seem to fit the "$10 B deal for Berkshire" mold but hmmmm

Keep going to Liabilities champ

And he should read a balance sheet and use the correct cash balance

Technically this quarter's combined ratio at GEICO started with a 7 !

Oh I guess it could have been Colonial Pipeline? https://energynow.com/2025/04/brookfield-nears-9-billion-plus-deal-for-colonial-pipeline-sources-say/

I sort of doubt it was an entire public company. Most likely a division like the recent deals with Dominion. I don't think it would have been Calpine or Berry Global and it certainly wasn't Chef Boyardee! I would be surprised if Berkshire were considering Mr Cooper, which his friend Dan Gilbert just bought. It was approximately the "right size." Also would be surprised if it were Dun & Bradstreet. The other Berkshire (Berkshire Partners along with Warburg Pincus) bought Triumph Group, which seems like it could have been a fit for Berkshire, but the deal wasn't close to $10B. I can't think of any other companies in that range that announced deals lately. I would assume no announcement has been made on whatever it was. @ValueMaven , what is your thought / guess?

Forrest River CEO is dressed like an goofball! Makes Zelenskyy's White House outfit look like formal wear

joint project with Zurich - Chubb - Nat. Ind. -> https://finance.yahoo.com/news/chubb-zurich-national-indemnity-unveil-095711818.html https://www.reinsurancene.ws/chubb-zurich-and-national-indemnity-launch-new-excess-casualty-facility/ https://coverager.com/chubb-zurich-and-national-indemnity-launch-100m-excess-casualty-facility/ https://www.businessinsurance.com/chubb-zurich-and-national-indemnity-launch-excess-casualty-facility/

Everyone is concerned about extreme inflation. Some of us just recognize that we are not experiencing extreme inflation at the moment.

My thoughts exactly! Embarrassing...

C'mon Blake, use $333.3 Billion for cash. Don't be a dupe

Barrons misses the payable for T-bills and overstates the cash balance, as usual. I'm sure most journalists will parrot this incorrect cash balance since they are obsessed with Berkshire's cash position.

Maybe time to brush up on your cross multiplying skills?

And the retained interest is part of this PE buyout announced in April - https://www.wppartners.com/wind-point-partners-acquires-sigma/ Interesting company

Quarterly report is out now - https://www.fairfax.ca/wp-content/uploads/2025/05/FFH-2025-Q1-Interim-Report-Final.pdf

https://www.globenewswire.com/news-release/2025/05/01/3072918/0/en/Fairfax-India-Holdings-Corporation-First-Quarter-Financial-Results.html

https://www.globenewswire.com/news-release/2025/05/01/3072914/0/en/Fairfax-Financial-Holdings-Limited-Financial-Results-for-the-First-Quarter.html Good quarter! 98.5% combined ratio for underwriting profit of $96.9m in the quarter after $781.3m in CAT losses ($692.1m cal wildfire). Share count down 87k shares to 21,581,313 after total repurchase of 205,610 shares - as mentioned by others here, the balance goes towards future equity comp bucket BVPS $1080.38 usd - about 1.44x BV at current share price. Excess of FV over carrying value $1.4356 Billion

Are we expecting approximately 212,026 shares repurchased in the quarter? Anyone have a better figure than that?

Fairfax earnings after the close today. Conference call tomorrow morning an hour before the market opens. Quarter includes L.A. wild fires and some bond volatility. A great opportunity to sell their Blackberry shares in February (which they likely passed on...). Looking forward to it

Imagine being so clueless that you don't question a figure like this: " there 152 MILLION Americans who use Temu daily. "