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All Memberships Here Will Be Terminated Wednesday!
SanjeevParsad   2/16/2009   
the new board ( www.cornerofberkshireandfairfax.ca/forum ) then you should do so right away.  Fairfax's quarterly results come out on Thursday as well, so I don't ...

cheap FFH calls
oldye   2/15/2009   
We can learn a lot from the CDS contracts Fairfax purchased, risk-reward was between 30-40:1, compare that to 6:1 with the ...

Last Week For This Board!
SanjeevParsad   2/13/2009   
new board... www.cornerofberkshireandfairfax.ca/forum , then you probably should do so soon.  With Fairfax and Berkshire's annual reports around the corner, and their respective AGM's thereafter,&...

Fairfax court case looks very strong
Smhood1   2/13/2009   
I haven't been able to access deepcapture.com for a day now....
Fairfax court case looks very strong
Partner24   2/13/2009   
Very interesting stuff. I'm happy to see this case going for...
Fairfax court case looks very strong
ubuy2wron   2/13/2009   
has anyone other than me read the most recent posts at Deep ...
Fairfax court case looks very strong
glider3834   2/12/2009   
http://www.bloomberg.com/apps/news?pid=20601109&sid=a1g...
LVLT Article in WSJ Today-Fairfax Mentioned
Midas-gold   2/11/2009   
Great article. Just curious:   1) how can I buy LVL...

GOLD VS OIL
ericopoly   2/10/2009   
nbsp; There is farmland, there is timberland, there are parking lots, etc...   I noticed Fairfax bought CRESY in 2008: http://seekingalpha.com/article/100434-cresud-where-the-safe-money-is-...

16 Days To Go!
SanjeevParsad   2/4/2009   
registered on the new message board you should do so - www.cornerofberkshireandfairfax.ca/forum .  Fairfax's year-end results come out on the 19th, so there will be ...

Ok, New Board is Ready!
luvbrka   2/4/2009   
receive emails on all posts on that board.  If you want emails from the "Fairfax Financial" and "Berkshire Hathaway" boards, do the same thing.  Then go to "Profile" and ...
Ok, New Board is Ready!
SanjeevParsad   2/4/2009   
receive emails on all posts on that board.  If you want emails from the "Fairfax Financial" and "Berkshire Hathaway" boards, do the same thing.  Then go to "Profile" and ...
LVLT Article in WSJ Today-Fairfax Mentioned
goodyrl   2/3/2009   
http://freepdfhosting.com/ad22991dac.pdf

400$ per share here we are!
Partner24   1/30/2009   
I said to everybody that it would be the beginning of 7 lean years for Fairfax. How about that?   (Just a joke )   P.S.: In 1998, if I ...
heard the word "Fairfax", I would have guessed that it was fax company or a food for pets ...

Whitney Tilson's New Crimes Against Humanity!
SanjeevParsad   1/29/2009   
of the "crimes" you are listing are somewhat dubious.  The real crime was shorting Fairfax and then jumping on the wagon like there was no tomorrow.  Also what about ...

A Question for cardboard.....
ericopoly   1/28/2009   
5% on the probability spectrum ?    Anyways, it truly doesn't matter.  Fairfax has been a holding company for over 20 years and you are acting like the ...
A Question for cardboard.....
ericopoly   1/28/2009   
drop in operating income due to falloff in consumer demand.  But as long as Fairfax's operating income is driven by fixed income, you don't have that fear, thus ...
A Question for cardboard.....
ericopoly   1/28/2009   
the "extensive investment literature" is casting a generalization about an average situation, but that Berkshire, Fairfax and Leucadia are not necessarily average due to the fame of their capital allocator.  ...
A Question for cardboard.....
ericopoly   1/28/2009   
nbsp; So is this "proof" that Berkshire has historically traded at a discount, and that Fairfax didn't IPO at 2x book and remained at a huge premium to book most ...
A Question for cardboard.....
ericopoly   1/28/2009   
discussion is September that sounded just like this one?  Where is the catalyst for Fairfax?  ***** (person I won't name) mentioned that it's not like FFH ...
A Question for cardboard.....
ericopoly   1/27/2009   
develops, so it will be a tailwind not a headwind.   There is, (other than Fairfax's size), nothing stopping Prem from putting 100% of book value into Cardboard's holdings.&...
A Question for cardboard.....
Cardboard12   1/25/2009   
in October and November. If the declining trend or pattern had not been broken in Fairfax shares, it is quite possible that it would have traded down well below $200. ...
A Question for cardboard.....
Cardboard12   1/25/2009   
Hi Zorrofan,   It is true that I hold no Fairfax position or Odyssey Re at this point. I thought about buying some FFH calls to "...
in late February, but did not pull the trigger so far.   I sold my Fairfax shares simply because I believe that I have found other companies with more upside potential ...
currently accumulating blue chips and plan to live off the dividends and growth for life. Fairfax now looks as such. I prefer going for the cheapest stocks or investments available and ...
...
Massive run on the banks?
Cardboard12   1/24/2009   
some increasing (CDS) in this environment.   In a way, this kind of looks like Fairfax in 2002, 2003. The thing is that Fairfax had more control (and better timing) over ...

MSN Closing February 21st!
SanjeevParsad   1/23/2009   
open as a case study board...perhaps people who want to post ideas specifically on Fairfax or Berkshire.  As well as, if and when Corner Market Capital distributes a ...

International Coal investment
valuecfa1   1/23/2009   
Any ideas on Fairfax's investment in International Coal. It is one of the larger equity holdings in their ...
portfolio. In addition earlier in the year Fairfax changed the filing from a 13-G to a 13-D and put Sam Mitchel (...

Lindmark Capital!
SanjeevParsad   1/22/2009   
spent a great deal of time with him.  We went for a tour of Fairfax's offices which was a neat event, restaurants, a baseball game and just chatted.  ...

Prem & Fairfax Lead "Most Foolish" Poll at MF!
Partner24   1/21/2009   
Markel (first) and Fairfax (second) finally led the poll! It does not change their intrinsic value by a dime, ...

New Message Board?
SanjeevParsad   1/21/2009   
transition.  People come and people go.  We have a very good relationship with Fairfax, and other investment managers and companies.  There is significant added value on our site ...
nbsp; We also already have certain gatherings that others do not hold, such as the Fairfax Shareholder's dinner, or the gathering during the Pabrai Funds AGM.  The membership base ...

OPTIONS IN FFH ARE CRAZY
653211   1/15/2009   
Fairfax Financial Holdings Limited announces that it has declared a dividend of US$8.00 per ...

New Board is Ready!
SanjeevParsad   1/14/2009   
best posts I can in some other format (in particular many of the ones on Fairfax), since no one else will have such a clear collective record of events during 2003-...

Billionaire Kills Self!
netnet   1/13/2009   
You're correct. I think the biggest lesson that anyone should take from Fairfax and Prem isn't the swaps or the investment process. It's that you just ...
Street fatcats just did. Hell, he had at least 10% of his networth outside of Fairfax, so if he was worth $500M, then he had at least $50M outside of Fairfax......
or just an ordinary human being, that's the lesson that should be taken from Fairfax first and foremost! You just don't quit, no matter how painful." Sanjeev, this is ...

Developing issue ?
ericopoly   1/13/2009   
from float...  how has Leucadia managed over the years?   I think historically Fairfax has done better than 15% before the effects of float -- you can get that just ...

Prem & Fairfax Lead "Most Foolish" Poll at MF!
Partner24   1/12/2009   
After a few days, Fairfax and Markel lead the poll. Who could have said that just 1 or 2 years ...

Fairfax Financial Annual Shareholder's Dinner!
SanjeevParsad   1/12/2009   
Sidestep will actually screen through all the best offers av...
Fairfax Financial Annual Shareholder's Dinner!
653211   1/12/2009   
I have found that GTAHotels has some nice deals, but all the ...
FFH, The Brick, and my rant.....
marcowelby   1/12/2009   
this is the question that everybody will want to ask to Prem Watsa at the fairfax annual shareholder meeting!!...

Fairfax Financial Annual Shareholder's Dinner!
SanjeevParsad   1/12/2009   
find something fairly close to the MTCC (Metro-Toronto Convention Centre), which is where the Fairfax AGM is.  Joe Badali's is only a couple of blocks from there as ...
Fairfax Financial Annual Shareholder's Dinner!
omagh   1/11/2009   
http://realtravel.com/f-122714-north_york_restaurant-joe_bada...
Fairfax Financial Annual Shareholder's Dinner!
Packer16   1/11/2009   
Sanjeev, Do you know of a good place to stay in Toronto for ...
Northbridge Minority Refusal
Shah_Khezri   1/9/2009   
I think the author here is absolutely delusional. Northbridge's second largest shareholder after Fairfax had this to say at the roundtable for the Financial Post last month: "A long-...
based Northbridge Financial Corp. (NB/TSX), which is a property and casualty insurer. Next to Fairfax Financial Holdings Ltd. (FFH/TSX), we are the largest shareholders in Northbridge. At the beginning ...
of December, Fairfax announced that it was going to buy the 36.9% of Northbridge that it did ...
...

Prem & Fairfax Lead "Most Foolish" Poll at MF!
SanjeevParsad   1/9/2009   
Fairfax is one of five selections for "Most Foolish" (that's foolish with a "ph", meaning ...
good) companies for 2008 at the Motley Fool.  Along with Fairfax are nominees Costco, Disney, Markel and Google.  Incidentally, Fairfax currently leads with about 37% ...

Prem must love Jazz...
alekbaylee   1/8/2009   
Fairfax Announces Acquisition of Additional Units of Jazz Air Income Fund Thursday January 8, 4:45 ...
pm ET   TORONTO, ONTARIO--(MARKET WIRE)--Jan 8, 2009 -- Fairfax Financial Holdings Limited (Toronto: FFH.TO - News )(NYSE: FFH - News ) announced today that it has ...
The units were purchased through the facilities of the Toronto Stock Exchange for investment purposes. Fairfax continually reviews its investment alternatives and may purchase additional units of Jazz Air Income Fund ...
...

Northbridge Minority Refusal
oldye   1/8/2009   
could cap your gains and make you sell, there is more upside if you hold Fairfax....

OSTK Shareholder need to watch this !
SanjeevParsad   1/8/2009   
was just sweating because I was asking him how he did his due diligence on Fairfax before writing his articles.  Cheers! ...

Northbridge Minority Refusal
SanjeevParsad   1/8/2009   
who's the shark?    You're friggin' ready to retire thanks to your Fairfax investment...why would you want Prem to pay more than 1.3 times book?  ...
Northbridge Minority Refusal
SharperDingaan   1/8/2009   
as CEO of the Year and writing an article about it (without any input from Fairfax, Prem also did not want the award), DeCloet goes and writes a far less flattering ...
Northbridge Minority Refusal
SanjeevParsad   1/8/2009   
as CEO of the Year and writing an article about it (without any input from Fairfax, Prem also did not want the award), DeCloet goes and writes a far less flattering ...
article.   Fairfax offered 1.3 times 3rd Q book value.  That is neither a ...
would have been very easy to do, since defacto control of the board is Fairfax's to begin with.   Perhaps, what Prem could have done was offer Fairfax shares ...
...
Fairfax now speaks Polish
KFRCanuk   1/7/2009   
http://money.cnn.com/news/newsfeeds/articles/marketwire/0464405.htm Fairfax Announces Successful Completion of Offer for Polish Reinsurer Marketwire January 07, 2009: 05:02 PM ...
ET Fairfax Financial Holdings Limited (TSX: FFH)(NYSE: FFH) announces that all regulatory and other conditions to ...
completed, with shareholders holding 100% of the outstanding shares of PTR tendering to the offer. Fairfax will be taking up and paying for the tendered shares promptly. Any questions on the ...
...

Billionaire Kills Self!
SanjeevParsad   1/7/2009   
nbsp; You're correct.  I think the biggest lesson that anyone should take from Fairfax and Prem isn't the swaps or the investment process.  It's that you ...
fatcats just did.  Hell, he had at least 10% of his networth outside of Fairfax, so if he was worth $500M, then he had at least $50M outside of Fairfax......
or just an ordinary human being, that's the lesson that should be taken from Fairfax first and foremost!  You just don't quit, no matter how painful.  Cheers! ...

Jeremy Grantham Downright Bullish!
lessthanIV   1/6/2009   
HR.un: Was $4.90 now $8.43 (dividend halved as expected. still represent 10%. Fairfax saw the value here too and stepped in with a debenture/warrants.    Nice ...

FFH dividend: how much this year?
zarley03   1/6/2009   
Text from the link in my earlier response . . . TORONTO, ONTARIO--(MARKET WIRE)--Jan 6, 2009 -- Fairfax Financial Holdings Limited (Toronto:FFH.TO - News)(NYSE:FFH - News) announces that it has declared ...
the amount of this dividend was determined taking into account the current operating results of Fairfax and its insurance and reinsurance companies and the current cash position at the Fairfax holding ...

ORH and FFH
Cardboard12   1/6/2009   
company has been agressive at buying back its shares leaving only a small public float, Fairfax has bought already its other public subsidiary (Northbridge) and it still has the financial capacity ...
to acquire the rest of ORH.   Fairfax on the other hand is seen as the acquirer which means less cash available ...
the last few days. The 10 year went from 2.1% to 2.56%. If Fairfax has followed the advice of Hoisington and kept most of its position including the very ...

Sorry for the format guys, let try that again...
alekbaylee   1/6/2009   
Fairfax Declares Annual Dividend   TORONTO, ONTARIO--(MARKET WIRE)--Jan 6, 2009 -- Fairfax Financial Holdings Limited (Toronto: FFH.TO - News )(NYSE: FFH - News ) announces that it has declared ...
the amount of this dividend was determined taking into account the current operating results of Fairfax and its insurance and reinsurance companies and the current cash position at the Fairfax holding ...
dividend should not be regarded as indicative of the amount of any future annual dividends. Fairfax Financial Holdings Limited is a financial services holding company which, through its subsidiaries, is engaged ...

Fairfax Declares Annual Dividend
(deleted)   1/6/2009   
This message has been deleted by the author.

FFH dividend: how much this year?
Dazel   1/5/2009   
size...they are material. We also feel it is important that the market realizes that Fairfax was not a one hit wonder...credit default swaps are all we are hearing about. ...
portfolio...gains likely equal the $2 billion number.   Is it not time for Fairfax to at least get the average price to book value of 1.4 times fort ...

Fairfax Financial Annual Shareholder's Dinner!
valuesource   1/4/2009   
It would be great if Joe Badali's could stay open past 9:00p....

Globe and Mail Stars and Dogs of 2008
FFHwatcher   1/3/2009   
http://www.theglobeandmail.com/servlet/story/LAC.20090103.RCOVERSTARDOGS03/TPStory?cid=al_gam_globeedge FAIRFAX FINANCIAL (STAR) An oasis in a sea of despair In a year when having the ...
financial" in your name virtually guaranteed your stock would be cut in half - or worse - Fairfax Financial's shares did something remarkable: They rose. A lot. How? By profiting from the ...
U.S. financial giants such as Lehman Brothers and AIG were going down, little old Fairfax was raking in a $2-billion (U.S.) profit. Hey Prem, thanks for tipping us ...

2008...final tally
watsa_is_a_randian_hero   1/3/2009   
I ended 2008 up about 10% only because of fairfax and getting lucky on a few option trades. My portfolio is leveraged about 1.5:...
2008...final tally
Nelis   1/3/2009   
2008 saw my portfolio up 14.8% Thanks only to the fact that Fairfax made up a large portion of my holdings. I bet big with Prem and Company ...
2008...final tally
Crip_1111   1/3/2009   
record, my portfolio was down just under 10%. Thanks to my friends at Odyssey Re, Fairfax and whomever allowed me to buy more FFH at US$220 several months back. &...
Fairfax Financial Annual Shareholder's Dinner!
SanjeevParsad   1/2/2009   
Fairfax Financial Annual Shareholder's Dinner   I thought I would start planning for this a ...
any investor avert the disaster that occurred this year.  They were absolutely wonderful!  Fairfax was gracious enough to make sure every shareholder left with a Fairfax baseball cap as ...
nbsp;grow significantly year after year.  The reservations will be under:  "Fairfax Financial Shareholders Dinner" and/or "Sanjeev Parsad".  I'll follow up on this post ...

4-day weekend for Prem?
SanjeevParsad   1/2/2009   
year he had in 2008!      God only knows that all of Fairfax deserves a 4-day weekend for their work over the last year.  ...

Fairfax May Increase Stake In Polish Insurer!
SanjeevParsad   12/31/2008   
Fairfax may increase its stake in Polish insurer Parkiet.  Cheers!   http://www.bloomberg.com/...

New Fairfax Related Deep Capture Piece!
smw3971   12/31/2008   
Another Deep Capture post regarding Fairfax/Bethany McLean today, this one from Byrne himself. It is a major smackdown to Fortune ...

Fairfax Treasury portfolio
Dazel   12/31/2008   
Fairfax continues to print money! I cannot believe how much money they are making! In my ...

New Fairfax Related Deep Capture Piece!
Dual_Bid   12/30/2008   
Did the defendants submit their statement of defence?
New Fairfax Related Deep Capture Piece!
smazz104   12/30/2008   
ha, priceless:   "Given such a deep commitment to...
New Fairfax Related Deep Capture Piece!
tommm50   12/30/2008   
The thing I still can't understand is, this has been going on...
New Fairfax Related Deep Capture Piece!
SanjeevParsad   12/30/2008   
Profile) provided against MI4, while they were running their own sting operation on a Fairfax employee at the alledged behest of Exis Capital.  Cheers!   http://www.deepcapture.com/ &...
Boardmembers Please Contact Me!
SanjeevParsad   12/30/2008   
Hi Folks,   Could the boardmembers who have been here through Fairfax's heyday, and during the whole hedge fund and media attacks please contact me directly ...

Fairfax Treasury portfolio
Dazel   12/29/2008   
as part of the derivative group they will show a gain on the sale unless Fairfax got the Northbrige shares in the dividend in the 4th quarter. If that was the ...
case fairfax will show the gain. Crum has taken $41m in mark to market losses on their ...
has been forgotten. If you add the parts ORH, NB and CRUM..the rest of Fairfax is trading for less than free.    Dazel. ...
Fairfax Treasury portfolio
Dazel   12/29/2008   
In 2002 and 2003 bond gains and unrealized gains were announced...(The first was because Fairfax employees and Fairfax itself was repurchasing shares. The second was the fact that Crum was ...
Fairfax Treasury portfolio
(deleted)   12/29/2008   
This message has been deleted by the author.
Fairfax Treasury portfolio
Partner24   12/29/2008   
I would expect an announcement from Fairfax regarding gains (likely when the dividend is announced). They will be purchasing large amounts of ...
Fairfax Treasury portfolio
SharperDingaan   12/29/2008   
  "Velocity is outside the Fed’s control, and is d...
Fairfax Treasury portfolio
Dazel   12/29/2008   
Excellent work. That explains it.   Zero coupons Treasuries! I would expect an announcement from Fairfax regarding gains (likely when the dividend is announced). They will be purchasing large amounts of ...
like that. The part Hoisington is managing will not be touched or talked about at Fairfax as they will likely not know the full extent of gains until quarter end...a ...
couple of days! What a New year it will be for Fairfax! The $97m in gains at ORH is impressive but not as impresive as what is ...
Fairfax Treasury portfolio
misterstockwell   12/28/2008   
Roughly $75 million in profit as of today. Phenomenal. Ratchet those results up to Fairfax size and that's real money   Pricing came from http://online.wsj.com/mdc/...
Fairfax Treasury portfolio
ericopoly   12/28/2008   
Do you think we are at an inflection point for housing? ...
Fairfax Treasury portfolio
agatesystems   12/28/2008   
Do you think we are at an inflection point for housing?
Fairfax Treasury portfolio
ericopoly   12/28/2008   
since the inventory/sales equation is bad, prices need to...
Fairfax Treasury portfolio
agatesystems   12/28/2008   
"Therefore, the damage from the housing market should be wors...
Fairfax Treasury portfolio
ericopoly   12/28/2008   
I have only seen Hoisington express a view that goes out&nbs...
Fairfax Treasury portfolio
rbgibbons   12/28/2008   
The odd thing about the Hoisington quarterly review is that ...
Fairfax Treasury portfolio
omagh   12/28/2008   
http://money.cnn.com/galleries/2008/fortune/0812/gallery.mark...
Fairfax Treasury portfolio
masterP3250   12/28/2008   
Paints a fairly stark picture...interesting read. Hoisingto...
Fairfax Treasury portfolio
Zorrofan   12/27/2008   
And why are rates going so low? Here comes 2009 and the reta...
Fairfax Treasury portfolio
smazz104   12/27/2008   
  I think I will be opening my champaigne after newye...
Fairfax Treasury portfolio
misterstockwell   12/27/2008   
Interestingly, in Odyssey's NAIC filing for Q3, Hoisington I...
Fairfax Treasury portfolio
ericopoly   12/27/2008   
the 30 year was at 2.57% yield and we are at 2.60%. Fairfax may have done better than I thought.      Take a look at this ...
Fairfax Treasury portfolio
Dazel   12/27/2008   
the 30 year was at 2.57% yield and we are at 2.60%. Fairfax may have done better than I thought. They have praised Hoisington for many years ...
they were likely adding to their long postions all year. In our assumptions from Fairfax's annual statement  on interest rate risk we do not take into account ...
the movement of maturity dates. Fairfax had not shown large Treasury gains in the first 9 months of the year when ...
...
Deep Capture on Fairfax Vs Sac and Bethany McLean
SharperDingaan   12/26/2008   
Keep in mind that this is only the start of the 'roll-up' to...
Deep Capture on Fairfax Vs Sac and Bethany McLean
dengyu_the_nugget   12/26/2008   
What is scary is: how the HECK do you even track email corres...
Deep Capture on Fairfax Vs Sac and Bethany McLean
uccmal2   12/26/2008   
What is stupider is that all of this occurred after the Micr...
Deep Capture on Fairfax Vs Sac and Bethany McLean
Wiggin_A   12/25/2008   
Has anyone seen anything else on Bethany outside of Deep Capt...
FFH Buys LVLT 15% Conv. Notes
brkhathaway   12/24/2008   
The probability for a chapter 11 reorg certainly isn't immaterial. If chapter 11 materializes, Fairfax is going to lose a large portion of their $100 million investment.   Does anyone ...
FFH Buys LVLT 15% Conv. Notes
n-tres-ted1   12/24/2008   
North River Insurance Company, $20.062 million aggregate principal amount of Notes is held by Fairfax (Barbados) International Corp. and $5 million aggregate principal amount of Notes is held by Falcon ...
FFH more Jazz Air
KFRCanuk   12/24/2008   
http://finance.yahoo.com/news/Fairfax-Announces-Acquisition-iw-13912896.html TORONTO, ONTARIO--(MARKET WIRE)--Dec 24, 2008 -- Fairfax Financial Holdings ...
The units were purchased through the facilities of the Toronto Stock Exchange for investment purposes. Fairfax continually reviews its investment alternatives and may purchase additional units of Jazz Air Income Fund ...

Fairfax Invests $200M in REIT Debenture!
Broxburnboy   12/24/2008   
This announcement will send shares of H&R upwards as well, as...

FFH buys more Canwest.....
ericopoly   12/20/2008   
seems like it to me.  The equity investments aren't really as risky (from Fairfax's perspective) as the market believes -- it's kind of like buying equities with ...
wait for the credit markets to improve.  This makes these businesses less risky to Fairfax provided that their debt financing needs aren't large enough where Fairfax couldn't handle ...
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