Fairfax Special Shareholders Meeting

[petec]

I dont hold any shares in FFh anymore.  Its not particularly relevant why. 

 

Last month Canadian Business Magazine, if I recall correctly, had a listing of the pay for the CEOs of the TSX 100 group of companies.  They included bonus, share awards, and everything else the CEOs got.  The list was in the order of dollar value, top to bottom.  At the very bottom of the list by a wide margin was Prem W.  FWIW.

 

+1

[valuesource]

I think Pete hit the nail on the head. We will make a decision about whether to extend the flexibility to Fairfax to continue issuing SV shares in order to make acquisitions, investments or otherwise deploy capital for our benefit. But if we don't approve an increase in votes, Fairfax may simply stop issuing additional SV shares creating a clear downside, in my opinion. (opportunity cost)