LC Posted November 2 Share Posted November 2 @cwericb I'm in a similar boat: Today, Fairfax and Aecon respectively made up 40% and 25% of my investable portfolio (there are some 401k stuff with limited options, and private RE/businesses I exclude from this). Friday was a pretty solid day. Even after Friday's spike, neither Fairfax nor Aecon look particularly expensive: Fairfax trades now at like 1.3x book, for a company with guaranteed earnings for the next few years and management with a real plan to leverage that. Aecon is trading still in the mid single digit PE-range given their run-rate adjusted earnings, with industry tailwinds behind them. My goal thru end of year is the remaining call it 35% of my portfolio needs a harder look. JOE, Citi, the MSG complex, FRPH, O&G, etc...this stuff has value but unsure timelines. Link to comment Share on other sites More sharing options...
cwericb Posted November 2 Share Posted November 2 (edited) "Even after Friday's spike, neither Fairfax nor Aecon look particularly expensive: " Fully agree with you LC. I also have a position in ATRL which I have had for a couple of years and it is atill doing pretty well and I also plan on holding onto it as well. Edited November 2 by cwericb Link to comment Share on other sites More sharing options...
Haryana Posted November 4 Share Posted November 4 On 11/2/2024 at 8:10 AM, TB said: Congrats to @Viking who has been yelling from rooftops with his tome of research (I re-entered in a big way at much lower prices, thanks to his quote - "the big fish that got away"!) @Haryana @Parsad and all the other bulls. I am a nobody here in absolute amount but likely on top in concentration. My main account is ~85% Fairfax ~10% Fairfax India ~5% cash. Link to comment Share on other sites More sharing options...
valuesource Posted November 4 Share Posted November 4 11 hours ago, Haryana said: I am a nobody here in absolute amount but likely on top in concentration. My main account is ~85% Fairfax ~10% Fairfax India ~5% cash. That probably means you bought it lower and haven't sold on the way up. Good work! Link to comment Share on other sites More sharing options...
Hoodlum Posted November 4 Share Posted November 4 BMO Capital analyst Tom MacKinnon raised the price target on Fairfax from $1,850 to $2,200.00 Cdn. Maybe someone can share his report. Link to comment Share on other sites More sharing options...
Haryana Posted November 7 Share Posted November 7 (edited) On 11/1/2024 at 11:33 PM, UK said: Sorry if this was posted already recently, but there was a podcast and video with Ben last year: https://youtu.be/pJ7AKSQ2xBc https://vimeo.com/862872315 I think he is quite bright and still very young. Looks promising as a steward of FFH in the future. He writes a lot of commentary on value investing that people crave from the letters of Prem and Warren. https://duckduckgo.com/?q=marval+guru Also, the newer generations might connect better with him. Edited November 7 by Haryana Link to comment Share on other sites More sharing options...
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