“On February 15, 2024, Prem Watsa (Trades, Portfolio), through Fairfax Financial Holdings, made a notable addition to its investment portfolio by acquiring 425,571 shares of BlackBerry Ltd (NYSE:BB). This transaction increased the firm's holding in the company to a total of 47,150,271 shares, marking a trade impact of 0.08% at a trade price of $2.86 per share. The addition of these shares has adjusted the firm's position in BlackBerry to 9.17% of its portfolio, while its holdings in BlackBerry now represent 8.10% of the company's outstanding shares.“

If this article is true, Prem perhaps sees hidden value in perhaps R&D and/or BB patent portfolios related to Cyber Security or autonomous driving technology.

Okay, I understand his recent BB purchase worth less than $1.2mil which would not move the earnings investment needle but fascinates. Maybe BB likened to a Buffett “cigar butt” buy.

Regardless, dipped my toe into FRFHF today.

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