Would you buy today?

[timmerjames]

Just started looking at Fairfax and see it is at about an all-time high. I have no position but would like to start one; would you wait for lower prices to buy? Or say I wanted it to be 10% of my portfolio within 1 year....how would you get to that 10%?

 

Thanks,

James

[Partner24]

Hi jimmer,

 

Welcome to this  board!

 

how would you get to that 10%?

 

With my pay checks!  ;D

 

Seriously, do you feel confident enough that you are getting good value enough by buying Fairfax now? I don't know if Fairfax will lose 10%, 20% or even 50% of it's actual price. That is something that I've never been able to predict (and fortunately didn't tried neither!), so I can't help you with any buying strategy except for finding the actual offer attractive or not.

 

Cheers!

[indirect]

Try to find intrinsic value of FFH and buy 50 cent dollar