accutronman Posted August 26, 2010 Share Posted August 26, 2010 Great article on Fairfax in tomorrow's WSJ and how Prem is wagering $200M on a decline in CPI. The guy is a genius and I'm willing to bet the stock price will continue to rise. Link to comment Share on other sites More sharing options...
Guest Posted August 26, 2010 Share Posted August 26, 2010 It's on C1 for those that are interested. The article gives an example of a 2% annualy deflation average over the next decade, which would make the value of the insurance at $9 billion. With all the stimulus, I can't see 2% annual deflation, but then again, I'm not nearly as wise as Watsa. Link to comment Share on other sites More sharing options...
Guest longinvestor Posted August 26, 2010 Share Posted August 26, 2010 With all the stimulus, I can't see 2% annual deflation, but then again, I'm not nearly as wise as Watsa. Hypothesis Ho: Govt stimulus will work Hypothesis H1: Govt stimulus wont work Prem is betting that Ho is false & that there are precedents like Japan in the 1990's. Link to comment Share on other sites More sharing options...
bargainman Posted August 27, 2010 Share Posted August 27, 2010 Is there a link to the online article? Link to comment Share on other sites More sharing options...
MVP444300 Posted August 28, 2010 Share Posted August 28, 2010 Is there a link to the online article? Only one I could find. http://online.wsj.com/article/SB10001424052748704540904575451910642552160.html?mod=WSJ_hpp_LEFTWhatsNewsCollection Link to comment Share on other sites More sharing options...
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