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Alekbaylee

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Everything posted by Alekbaylee

  1. Timing is probably not a coincidence. MW’s afraid the stock price pops further up after the AGM, widening their losses. Sounds like a desperate mayday call.
  2. Good results overall: https://markets.businessinsider.com/news/stocks/fairfax-financial-holdings-second-quarter-financial-results-1028410155
  3. https://www.fairfax.ca/news/press-releases/press-release-details/2019/Financial-Results-for-the-Year-Ended-December-31-2018/default.aspx
  4. I think the following tool is more comprehensive, hence more reliable and/or predictable: http://archive.projectbiglife.ca/
  5. Viking has set up something to that tune I think: http://www.cornerofberkshireandfairfax.ca/forum/personal-finance/financial-literacy-for-teens-and-young-adults/ Agree with rb, credit cards should be avoided at all costs (pun intended)! :)
  6. hmm... that looks like a new strategy from Fairfax... ;) https://globenewswire.com/news-release/2017/09/29/1134849/0/en/Fairfax-Enters-Into-Automatic-Share-Purchase-Plan.html
  7. Great news! At this pace, Fairfax should be able to gobble up AIG one day... :)
  8. Excuse my ignorance but what do EW and DW stand for in the Median Population Age - 2015 - Table?
  9. Geeze, the guy is insane. The world used to think Kim Jong-un was the craziest leader but someone has apparently taken his place. So depressing. :(
  10. I agree. It's a terrorist attack motivated by hatred against a specific segment of the population. It was meant to terrorise people.
  11. The headline should be: "Buffett attacks his self-created strawman." I've never met a serious person who is against legal immigration. Well, the new executive order on travel restrictions also includes green card holders for now. So those that have already gone through the legal immigration vetting process are now being held at gates and borders. Cheers! But how is that possible? Isn't that unconstitutional? Can't imagine this happening here in Canada. Supreme Court would overrule any decision or decree which blatantly discriminate among citizens, creating de facto a two tier system.
  12. Cardboard: With all due respect, do you suffer from PTSD or what?
  13. Haha! That's hilarious! Don't tell anyone, otherwise Trump's going to build a wall along Canada's border, and make us pay for it! If all this madness continues the way it has started I think we might see more US citizens than Mexicans flee "great" Trumpanistan to seek refuge in ours. Luckily for them I don't think our government will turn them back (even if they come in ILLEGALLY) or build a wall between our 2 countries.
  14. Reminds me what we experienced here in Canada under Harper government when scientists were forbidden to express any opinion or communicate the results of their research without his Cabinet approval. And I think Trump is by far worse than Harper. Just wait and see...
  15. +1 http://www.politico.com/magazine/story/2017/01/america-you-look-like-an-arab-country-right-now-214678
  16. 1-2 million with a good employer pension plan is very good; without is okay. Size of the family is important too, so is the partner net worth. So it all depends.
  17. For those interested, CC transcript: http://seekingalpha.com/article/3969610-fairfax-financial-holdings-frfhf-ceo-prem-watsa-q1-2016-results-earnings-call-transcript
  18. Good point Wisdom but let's not forget that many of them are well educated or business oriented and will work themselves out of the misery sooner than one think, either by themselves or with the help of their communities and families. If peace is restored in their country (which I truly wish) then they might go back, otherwise they'll stay, strive and prosper. Call me optimistic... :)
  19. A question I've been pondering for a while now: all these refugees fleeing their countries for a better life in Europe and now in Canada are going to need jobs of course but also houses, cars, furniture, appliances, clothes, food, etc. Isn't that somewhat good for our economies? Maybe not right away as governments (meaning the taxpayer) need to fund all sort of support programs, but on the longer run. Thoughts?
  20. I was hoping for a bump this year given the acquisition of BRIT and the strength of underwriting, but maybe next year...2% isn't an awful yield, just has been the same for the last 6 years. Maybe 2016 is the 7th year of lean dividends before we feast Amen!
  21. I don't think there is anything defensible about current U.S. foreign policy - especially in the Middle East. We're arming people in one country and blowing up those same people in another country. We've been at war for decades with extremist groups in the Middle East, and now we're arming individuals connected with those same groups to help us fight the very same dictators that we armed and funded decades ago. We claim that we're there as a force for democracy to save the innocent civilians, but then are responsible for more innocent civilian deaths than terrorist groups (also, see the bombing of the Doctor's Without Borders facility). Of course, this follows a decade of other similar blunders - like declaring war on Iraq for housing terrorists cells and WMDs but largely ignoring Afghanistan (where Osama was supposedly hiding) and remaining allies with Saudi Arabia which has been linked to funding terrorist cells.... + 1 So yea, nothing defensible about wasting trillions in taxpayer dollars to cause chaos in a region and then fight on both sides of the war. Selling billions of weapons to Saudi Arabia and other "allies" must be good for the economy...
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