BenT Posted February 24 Posted February 24 Just now, moatrep said: Do you have any stimation in your mind of the value in Fairfax India that you would like to share? I am really curious and personally have a big position but in the canadian fairfax. Thanks! No, I like their assets (particularly the airport who is becoming huge) and think they can do very well in a long term horizon with the economic development of India. The Watsa family seems to care about the success of FIH.
frommi Posted February 24 Posted February 24 37 minutes ago, BenT said: No, I like their assets (particularly the airport who is becoming huge) and think they can do very well in a long term horizon with the economic development of India. The Watsa family seems to care about the success of FIH. I would also care about my fund when i can get 1.5%+20%
BenT Posted February 24 Posted February 24 25 minutes ago, frommi said: I would also care about my fund when i can get 1.5%+20% Yes I hope returns are worth the fees.
ICUMD Posted February 26 Posted February 26 @BenT I used to have about half that Fairfax India Position. Sold it after years of underperformance. I think the value is there somewhere, but ultimately couldn't see the proper pathway to it being realized. Perhaps its just around the corner! OTOH, that Goeasy position is one I hold and I think has exceptional potential.
BenT Posted February 26 Posted February 26 6 minutes ago, ICUMD said: @BenT I used to have about half that Fairfax India Position. Sold it after years of underperformance. I think the value is there somewhere, but ultimately couldn't see the proper pathway to it being realized. Perhaps its just around the corner! OTOH, that Goeasy position is one I hold and I think has exceptional potential. I hope it is. I think goeasy will be fine, they keep sliding since that short seller report.
valueventures Posted February 26 Posted February 26 7 minutes ago, BenT said: I hope it is. I think goeasy will be fine, they keep sliding since that short seller report. Curious if you have a view on Propel as well? @ICUMD I see a lot of investors on Twitter own both. Thanks!
BenT Posted February 26 Posted February 26 27 minutes ago, valueventures said: Curious if you have a view on Propel as well? @ICUMD I see a lot of investors on Twitter own both. Thanks! No I did not knew Propel at all. I will read on it. Thank you
ICUMD Posted February 26 Posted February 26 @valueventures I was looking hard at Propel. Seems to be executing well with a new banking license in Puerto Rico, licensing their AI models to lenders and growth rate. My major concern is the moat for propel There is a low barrier to entry, so they may be facing increased competition. Go Easy seems to have a highly dominant position in Canada with physical locations. Harder to replicate. For me, I like dividends and moat at attractive valuations, so GSY > Propel.
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