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written by reader Fairfax Financial FRFHF

By pshrodr, November 17, 2016

Travis,
You wrote about Fairfax financial – FRFHF – and its leader Prem Watsa. I was interested because of the prediction history on the real estate 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

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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sandy_shore
5 years ago

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

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