Fairfax just had a good quarter. It has seen a big rise in book value which is not yet reflected in the share price, and any additional appreciation in its equity holdings will increase book value still more. Odyssey Re is putting up good numbers. A… More
Fairfax looks pretty awesome on paper. They scooped up credit default swaps for what appear to be a massive bargain, and they've been able to book big gains in unrealized income on those derivative securities.However, the value of the swaps are now… More