SCOTSMAN Posted April 17, 2015 Share Posted April 17, 2015 As a passive participant to this board I am surprised there is no discussion regarding the recient share price drop Seems to be re the the Greek lnvestments. What are your thoughts? FYI, I am a long time shareholder, bought in the 200 range and again at 79. Followed Sanjev and listened to his wisdom. Link to comment Share on other sites More sharing options...
Jurgis Posted April 17, 2015 Share Posted April 17, 2015 What price drop? ;D Link to comment Share on other sites More sharing options...
PatFurlan Posted April 17, 2015 Share Posted April 17, 2015 Mr. Market is reacting to the surprise moves to structure the Brit purchase see the other thread Link to comment Share on other sites More sharing options...
obtuse_investor Posted April 17, 2015 Share Posted April 17, 2015 Are you referring to the price drop in FFH traded in C$ or US$? US$ one is negligible and probably related to the news regarding Brit. C$ one is accentuated thanks to the sharp spike CADUSD is enjoying last few days. (https://www.google.com/finance?q=CADUSD) Link to comment Share on other sites More sharing options...
Daphne Posted April 17, 2015 Share Posted April 17, 2015 In addition, some of the buyers in the BRIT equity issue deal, who picked up shares at $650C, may have decided it's time to offload Link to comment Share on other sites More sharing options...
SCOTSMAN Posted April 17, 2015 Author Share Posted April 17, 2015 My comment, and really question related to the disclosure and extent of investments in Greece. The financial situation seems to be deteriorating rapidly. What will be the impact on FFH? Link to comment Share on other sites More sharing options...
petec Posted April 27, 2015 Share Posted April 27, 2015 My comment, and really question related to the disclosure and extent of investments in Greece. The financial situation seems to be deteriorating rapidly. What will be the impact on FFH? The exposure is discussed quite well in the annual letter. Link to comment Share on other sites More sharing options...
Alekbaylee Posted May 8, 2015 Share Posted May 8, 2015 Looks like Markel sold out of FFH. Could have pushed the price down a bit. Sold Positions Tom Gayner’s fund sold its stakes in Fairfax Financial Holdings Ltd (FRFHF), Expeditors Int’l Wash Inc (EXPD), Brown & Brown (BRO), Liberty Global Plc and Nicholas Financial (NICK). These securities constituted 3.86%, 0.16%, 0.14%, 0.04% and 0.02% of the fund’s portfolio, respectively. We can only speculate about the reasons for this selling but we believe it has to do with either value, momentum or a better place for Markel Corp’s capital. http://www.octafinance.com/markel-corp-top-10-13f-positions-in-q1-2015/43713/ Link to comment Share on other sites More sharing options...
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