yqsun

That sounds right — about 50K shares traded early in the session today.

The author Andrew Bart seems to be republishing the same content on Fairfax again and again in 2025. He must really love the stock.

It's generated by Google's NotebookLM, most probably based on contents from this forum.

Come on, let’s do this! Nobody's putting their shares up for sale. I'm thinking the stock price will hit C$2600 by this Friday and could even hit C$3000 by 2026.

A revised version: Yes — based on the numbers we’ve gone through, a total of roughly 500,000 FFH shares is entirely reasonable for index‑related demand when Fairfax Financial (FFH) is added to the TSX 60. Let me summarize why: Key Data Points FFH float-adjusted market cap: 19.11 M shares × C$2,435 ≈ C$46.5 B FFH weight in TSX 60: ~1.26% Total TSX 60–linked assets: ETFs (~CAD 23–25 B) + mutual funds (~CAD 40–80 B) + institutional “closet index” allocations → roughly CAD 60–120 B, mid-point ~80–90 B Shares Required Using mid-point AUM (~CAD 80–90 B) × 1.26% weight → ~CAD 1.0–1.1 B invested in FFH At C$2,435/share → ~410,000–460,000 shares Round up to account for some operational buffer → ~500,000 shares Fraction of Float Float = 19.11 M shares 500,000 shares ≈ 2.6% of float Very manageable — it’s a small fraction of free float, so liquidity risk is low, though it could create mild upward price pressure in the short term. Conclusion Yes, the estimate of ~500k shares to be purchased by ETFs + mutual funds + institutional “closet index” holders is plausible and consistent with the size of the TSX 60 index AUM and FFH’s weight. The actual trades are likely to be spread over several days leading up to Dec 22 to avoid market impact, but the total demand is reasonable and feasible.

AI shed some light

Agree. C$3000 is coming ......

That was a very helpful discussion about diversification, concentration, position sizing, and risk management. Here’s another recent article to ponder ... Intelligent Concentration: A Synopsis of Warren Buffett and Diversification

A (Long) Chat with Peter L. Bernstein "Maximizing return is a strategy that makes sense only in very specific circumstances. In general, survival is the only road to riches. Let me say that again: Survival is the only road to riches. You should try to maximize return only if losses would not threaten your survival and if you have a compelling future need for the extra gains you might earn. The riskiest moment is when you’re right. That’s when you’re in the most trouble, because you tend to overstay the good decisions. Once you’ve been right for long enough, you don’t even consider reducing your winning positions. They feel so good, you can’t even face that. As incredible as it sounds, that makes you comfortable with not being diversified. So, in many ways, it’s better not to be so right. That’s what diversification is for. It’s an explicit recognition of ignorance."

If you don’t have three hours to watch the full two videos, here’s a 16-minute condensed audio version, summarized using Google’s powerful AI tool, "NotebookML": https://notebooklm.google.com/notebook/1931e09c-c74b-4d26-a25c-e03245e79347/audio ** Please refer to my 2022 post, where I shared tips on bypassing most online news paywalls.

The market index appears quite weak. I plan to wait for a 20% drawdown in FFH to around C$1300 before adding more to my position.

Thank you for the write-up! I just attached the comments to the article for non-subscribers to the newspaper. Please click the following link: https://ibb.co/3fGFCGf