When does the narrative for the general investing public begin to change

[wondering]

Norman Rothery's two articles in the Globe and Mail give excellent ratings to Fairfax.

 

https://www.theglobeandmail.com/investing/article-meet-the-megastars-the-best-20-tsx-stocks-for-a-blend-of-value-and/

 

https://www.theglobeandmail.com/investing/article-the-globe-250-megastar-ranking-2023/

 

Also mentioned in these articles was other FFH notables (good ratings for Stelco and Fairfax India, poor rating for Blackberry).

 

My question is with articles such as these and analysts upgrading Fairfax, when do we start to see the general investing public (I guess that could include both institutional investments and individual investors) start to change their mind on the prospects of Fairfax.

 

In my work, I see the investment portfolios of clients.  Almost all of them have some Brookfield, rarely does a client have an investment in Fairfax.

[SafetyinNumbers]

35 minutes ago, wondering said:

Norman Rothery's two articles in the Globe and Mail give excellent ratings to Fairfax.

 

https://www.theglobeandmail.com/investing/article-meet-the-megastars-the-best-20-tsx-stocks-for-a-blend-of-value-and/

 

https://www.theglobeandmail.com/investing/article-the-globe-250-megastar-ranking-2023/

 

Also mentioned in these articles was other FFH notables (good ratings for Stelco and Fairfax India, poor rating for Blackberry).

 

My question is with articles such as these and analysts upgrading Fairfax, when do we start to see the general investing public (I guess that could include both institutional investments and individual investors) start to change their mind on the prospects of Fairfax.

 

In my work, I see the investment portfolios of clients.  Almost all of them have some Brookfield, rarely does a client have an investment in Fairfax.

I think the bigger FFH gets in the S&P/TSX Composite (65bp to 91bp last year), the higher the multiple will go as index huggers continue their chase. Once, the multiple starts going up, analysts might start increasing earnings estimates enough to show growth, which will allow quants to buy expanding the multiple even more. 
 

We could also get a bigger surprise like FFH being added to the S&P/TSX 60 to replace tiny components like FM or AQN but given it’s a financial, that could take longer.