Vinayd Posted September 19, 2009 Posted September 19, 2009 HI Sanj, I'm wondering if you should add the ORH buyout by FFH onto your the 'Lead Story' page of CornerofBerkshireandFairfax.ca. I think it's an important one for this board. cheers, Vinay It looks like no matter whether you held FFH, or ORH -- everyone's a winner, as both are near their highs. Congrats all!
Mungerville Posted September 19, 2009 Posted September 19, 2009 I guess people like it when their stock goes up even when they are giving much more long-term intrinsic value then they are receiving. If you think ORH shareholders should be happy, think again.
triedtestedand Posted September 19, 2009 Posted September 19, 2009 Mungerville: In isolation, I would agree with you, except the argument doesn't reflect the notion that the proceeds of what was received could be re-invested in alternative opportunities with (now) greater discount to intrinsic value.
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