WSJ Article on Fairfax

[accutronman]

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.

[Guest]

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.

[Guest longinvestor]

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.

[bargainman]

Is there a link to the online article?

[MVP444300]

Is there a link to the online article?

 

Only one I could find.  http://online.wsj.com/article/SB10001424052748704540904575451910642552160.html?mod=WSJ_hpp_LEFTWhatsNewsCollection