written by reader Fairfax Financial FRFHF

by pshrodr | November 17, 2016 1:52 pm

Travis,
You wrote about Fairfax financial – FRFHF – and its leader Prem Watsa[1]. I was interested because of the prediction history on the real estate[2] collapse by Mr. Watsa. So I bought in a month ago. Soon the news was that he connected again by selling $5 billion of treasury bonds 2 days before the elections. With the fall in bond prices in the last 10 days he could have made or saved about $250 million. Instead the company stock has fallen about 15% and the market cap is down nearly $2 Billion. Does anyone have any idea what is happening?

Paul Schroeder

Endnotes:
  1. Prem Watsa: https://www.stockgumshoe.com/tag/prem-watsa/
  2. real estate: https://www.stockgumshoe.com/tag/real-estate/

Source URL: https://www.stockgumshoe.com/2016/11/microblog-fairfax-financial-frfhf/


One response to “written by reader Fairfax Financial FRFHF”

  1. sandy_shore says:

    FRFHR price was headed in the wrong direction. Watsa is becoming less bearish…interesting.

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