No. of Recommendations: 2
Given Fairfax's structural similarities to Berkshire, I wonder if there would be interest here in a Fairfax board. Given how close the price is likely to be to 1x year-end book value, with peers generally trading closer to 1.5x, it might even be a candidate for a Manlobbi IV10 calculation. If nola and DTB were willing to weigh in on earnings next week, and maybe engage with EVBigMacMeal's post about Mr. Watsa's capital allocation skills, it might get off to a strong start!There is already a very good Fairfax board here:
thecobf.com - Fairfax financialSo one might ask whether a Shrewdom board would really add much. But we could try it, and it might at least allow for linking to some of the excellent posts that are made there every week or so. I do think that Berkshire fans should be at least as interested in Fairfax as they are in Markel, another insurer that has clearly taken much of its inspiration from Buffett’s ideas.
Fairfax’s tickers (FFH in Canada, in Canadian dollars, FRFHF on the pink sheets in USD) are not in the stocks A to Z on the Shrewdom board, but I presume Manlobbi would have no objection to adding it.
dtb
