BREXIT and FFH

[Daphne]

Could this be the BIG EVENT?  Will this put FFH in the money on its deflation swaps and hedges?  Any thoughts?

Daphne

 

[wisdom]

This is a big deal psychologically. But, not sure if this ends the mass delusion or not. We could always add more debt to keep the music playing.

[Sharad]

Here is a Bloomberg article highlighting Fairfax amongst the winners today:

 

http://www.bloomberg.com/news/articles/2016-06-24/brexit-winners-emerge-in-hedge-fund-community-amid-market-chaos

[nwoodman]

FWIW

 

http://business.financialpost.com/investing/investing-pro/after-brexit-vote-cibcs-paul-holden-does-retake-on-fairfax-now-a-sector-performer-700-target

 

Also looks they have picked up another asian insurer deal valued at $8M

 

http://www.economynext.com/Sri_Lanka_s_Asian_Alliance_general_insurance_unit_goes_to_Fairfax-3-5353-17.html

 

cheers

 

nwoodman