written by reader Fairfax Africa (FFXXF)

By Jay Ram, March 15, 2017

Just last month, Fairfax IPO’d a subsidiary under the ticker FFXXF called Fairfax Africa. It did not garner as much interest as they hoped and trades very, very thinly so far. Has anyone looked into this company so far? It looks like they have a few small investments so far, but considering who’s behind it they will likely ramp it up over the coming years.

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

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Travis Johnson, Stock Gumshoe
March 15, 2017 1:46 pm

I like the idea of Fairfax creating this fund, though it’s arguably less appealing than their India fund was a couple years ago — but I’m happy just owning the parent and getting a small slice of that return (plus the fairly high management fees that Fairfax is charging).

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