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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks F / Fairfax Financial (FFH)
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Author: FlyingCircus   😊 😞
Number: of 58 
Subject: Re: Buying opportunity?
Date: 02/10/26 10:49 PM
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No. of Recommendations: 5
I worked for one of the Fairfax companies from late 17 through mid 21. Just FYI, one of the methods Prem Watsa uses to make their profitability / net income numbers better, is "ship" the toxic / money losing insurance policies to that company to get them off the books of say, a Crum-Forster. This is "runoff". The effect is similar to having an internal, internally funded hedge fund where the objective of the fund is to minimize losses (payments) by negotiating settlements with plaintiffs and reduce exposure from claims-mill law firms. I suppose most large insurers do this, but Watsa has shown mastery at large bets.

Of course, I wish I'd stayed invested in the vested shares I got because...look at a chart since late '22 (a triple).
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This community has written 58 posts about Fairfax Financial. The article-length ones it recommended most:
Shareholder letter · 18 recs · 2024
FY 2024 results · 7 recs · 2025
Morningstar Analysis · 1 recs · 2025
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