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A financial services holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance, investment management and insurance claims management.
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OracleofNormal (< 20) Submitted: 6/06/08 10:58 AM : Start Price: $256.70 FFH Score: 55.56
The company is in a great position with their CDS position. Check out the recent SeekingAlpha article for some backstory. http://seekingalpha.com/article/80311-fairfax-financial-anatomy-of-a-hatchet-job?source=yahoo. It’s written by someone long the stock critiquing an unfavorable article about FFH, so take that into account. Given that, the long term record of the management team makes me comfortable with the long term prospects of the business. A great value at this price.
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