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Run-up


Crip1
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believe it or not, fund managers at year end buy into winners so when their clients complain about their performance they can say "look, we own FFH, we own XYZ"

 

I shit you not it happens!

 

Can't seem to find "XYZ"  :)  Slow day.

 

They were bought out by the Acme glue company

 

http://www.blueprintpodcast.com/blog-images/coyote-glue.jpg

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Guest ValueCarl

This foolish fund manager nonsense might all be true;  however, I am sure there is a back office machination going on that ties to Stevie Cohen and his miscreants.

 

This might not end before $600 pps.

 

BTW, where's the dividend announcement????

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BTW, where's the dividend announcement????

 

Here are the amounts of the years past

 

Date Paid Amount

Jan 8, 2002 $1.00

Jan 9. 2003 $1.50

Jan 12, 2004 $1.40

Jan 12, 2005 $1.40

Jan 3, 2006 $1.40

Jan 23, 2007 $2.75

Jan 5, 2008 $5.00

Jan 16, 2009 $8.00

 

This year it wasn't announced until January 6th http://www.fairfax.ca/Assets/Downloads/Press/fpr2009-01-06.pdf

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We have never had a higher concentration of Fairfax! Cheers to the blue chip club and 1.3 times book in 2010!

 

Merry Christmas to all and a Happy and very prosperous New Year!

 

Dazel.

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