Fairfax 2026

[SafetyinNumbers]

1 hour ago, yesman182 said:

Does that change how you feel about owning this on margin?  I think you said in the past you own some on margin. If you previous thought the price would rise with strong ROE and now you think it will take hard market, it seems like less reason to own on margin, since the gains could be years away even if the ROE holds up like we expect. I don’t use margin, so I’m just curious if using margin changes your thinking at all. I understand long term we are both think the stock will meet your return hurdle. 

No. I don’t think the multiple will drop below 1x and BVPS is still growing 15-25% a year. 

[Junior R]

8 minutes ago, Jaygo said:

 

I'm one Canadian who rationally or irrationally likes dividends. They are very tax efficient in Canada. The div tax credit alone is worth it for margined investments. 

 

Borrow and expense the interest. Take dividend and spend, then get tax credit at the end. Very effective for reducing taxes while have some walking around money. 

 

 

What are your fav Canadian DIV stocks

[Jaygo]

Topaz, EIC, Sobo, and NA but I usually just keep a large slug of XEI since it kind of acts like a dogs of the TSX. 

 

I borrowed to buy FFH, Strathcona, Topaz, Aecon, Sobo and Exchange income Corp and its been a wonderful experience. 

 

The tax treatment is really amazing as long as you have the stomach to ride it out and don't buy at 50x 

 

a lot of these have gone up very considerably so the yields are not great anymore. 

[gfp]

1 hour ago, thowed said:

The funny thing about the recent griping from a certain member is that today, while QQQ is down over 4%, FFH is up. 

 

Has been a wonderful day to have some of my losses offset.

 

funny day

 

Berkshire up

Fairfax up

Fairfax India up

Constellation Software up

Insurance brokers up

Boston Omaha up

 

[Hektor]

8 hours ago, 73 Reds said:

Even on a Board like this some people forget that stocks are partnership interests in businesses and not pieces of paper with ticker symbols attached.  The beauty is there is a perpetual offer to buy your interest and you have an ongoing opportunity to add to your ownership interest. 

+1