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Alekbaylee

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Everything posted by Alekbaylee

  1. Yup, plus the Can $ lost some ground vs the US$ lately. Today FFH gained 4%ish while FRFHF took only 2%ish. There, we talk like day traders now! ;D
  2. Lol! I agree, even if I got my shares at a better price. All the hype around BBRY take-over was at least a good PR exercise for Prem/FFH. They've been in the headlines all around the world. Maybe that explains in part the recent runup of the SP. We shall see if it drops when earnings are released next week. Meanwhile, let's enjoy it!
  3. In another thread somebody mentioned a gain of 1 billion the other day. Anybody knows the number of shares they have in BKIR?
  4. Or the beginning of 7 fat years in the insurance business? AIG is also flying..
  5. More details about the transaction : http://www.valuewalk.com/2013/10/watsa-makes-second-big-greek-investment/
  6. Yeah, I have no opinion either. Only time will tell if he was right or wrong but there's a good change he knows what he's doing.
  7. Wow, he really believes this thing is not dead... Here’s what he told The Associated Press: “We thought long and hard before we offered $9 a share and we’re not in the business of offering a number and at the last minute changing the figure … Rest assured when we do this it won’t be done to split the company.” http://www.theglobeandmail.com/report-on-business/top-business-stories/fairfaxs-prem-watsa-fires-back-at-skeptics-as-doubts-over-blackberry-deal-mount/article14540650/
  8. Have a wonderful (birth)day buddy!
  9. Right. And I'd guess they'll likely take a hit from Alberta floodings and, to a lesser extent, the European ones.
  10. Can anyone recommend another insurer to put the cash in? - Fairfax maybe? ;D
  11. Not sure about the US, but here in Canada, you can sponsor a live-in help for minimum salary. They usually come from Philippines, Morroco, South or Latin America, etc. Some people prefer an "au pair" (usually younger) that can teach their kids a second language while learning/improving their own English skills. Most of them come from European countries (i.e. France), are well educated, have a driving licence, etc. This might help : http://www.aupairinamerica.com/compare.asp
  12. Try this for France : http://www.amf-france.org/inetbdif/sch_cpy.aspx?lang=en. comes from this http://www.amf-france.org/
  13. The word "worry/worried/worrying" comes up more than 50 times in the text. For some reason (personal history/background, etc.), certain persons seem to always worry, whatever the situation is. This guy will probably continue to worry when he earns the 7 figures income. ???
  14. Might lure some pet owners into other segments of insurance (personal lines) or the other way round. Would be interesting to know how many customers Hartville has. Usually people that buy insurance for their pets are well off too. Some interesting data : http://www.embracepetinsurance.com/pet-industry/pet-insurance/statistics
  15. Interesting... Russia has always been in search of a southern, warm port for its navy. It was a main reason to invade Afghanistan. ???
  16. Apparently the deal aborted... Greece's National Bank (NBG) (>> National Bank of Greece) said on Friday Fairfax Financial Holdings Ltd's (>> Fairfax Financial Holdings Ltd) interest in taking part in the bank's recapitalization had ebbed because the Canadian investment fund wanted changes to the terms that were beyond NBG's control. NBG, the country's biggest lender, said in a bourse filing that Fairfax had expressed an interest in up to 1.5 billion euros, which amounts to 10 percent of a capital raising to increase the bank's solvency to levels required by the central bank. "The expression of interest remained at an initial phase because Fairfax asked for changes in the framework of the recapitalization that are beyond National Bank's control," NBG said in the filing. NBG officials would not provide further details. http://www.4-traders.com/FAIRFAX-FINANCIAL-HOLDING-1409991/news/Greece-s-NBG-says-path-to-Fairfax-deal-hits-roadblock-16543627/
  17. Maybe a way of hedging their hedges.. ???
  18. Thx Cardboard. So, this year I report a loss of $50 (cash portion) and then in x number of years, upon sale of company B's shares, I'll report the sale proceeds on a $100 cost basis (or a $ each) again, right? Even if the original 100 shares of Company A are now only 50 shares of Company B. Yes, it's 2 canadian companies but I can't find the circular/documents sent by the company.
  19. Say you bought 100 shares for a $ each in company A a few years ago. In 2012, company B buys out company A, paying $0.50 cash + 0,5 of its own shares for each share of company A. So you end up with $50 and 50 shares of company B that you intend to keep (no sale yet). How do you report that to CRA? : You have a $50 loss for the money portion of the transaction, but what about the shares portion of the transaction? How and when do you account for the 50 shares of company B that you now have? Thx for any help.
  20. Fairfax's CPI/deflation bets in Europe may soon prove right. France is reporting a 0,5% fall of the Index in January.
  21. Fairfax is for patient/lazy investors. Otherwise, it can be frustrating. I'm a 25% patient person; so I put 25% of my money in this stock and I try to forget about it. I know it'll perform on the long run. Meanwhile I can play with other stocks.
  22. I doubt there are many if not any ultra leftist on this board. You probably know the saying : you're socialist/leftist when you're young, centrist/liberal when you start making money and downright rightist/capitalist by the time you get richer. ;)
  23. War is Peace, Freedom is Slavery. ;) Seriously though, haven't heard about any protests/demonstrations like in Argentina a few years ago.
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