written by reader Fairfax Africa (FFXXF)

by Jay Ram | March 15, 2017 12:53 pm

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.

Source URL: https://sgumdev.stockgumshoe.com/2017/03/microblog-fairfax-africa-ffxxf/



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Travis Johnson, Stock Gumshoe

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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