Portfolio

Fairfax Financial vs Berkshire Hathaway

When people talk about Fairfax Financial and its chairman Prem Watsa, the description used most often is the ‘ Warren Buffett/Berkshire of Canada’. This is fitting in many ways as the companies are in similar lines of business, insurance, and have impressive investment track records. But how do they compare in term of returns to shareholders and their prospects for…

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Stocks

Fairfax Financial 2012 results update

It’s been a long time since I’ve written about Fairfax Financial. Last time was in October 2011 (see here for previous posts). Fairfax recently held their annual shareholder meeting which had some great information about the company, its results, and why it is a good investment. I’ll discuss some of the highlights of the meeting in this post. First, my…

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Stocks

Fairfax financial announces 10% share buyback

On Sept 22 Fairfax Financial announced a 10% share buyback. Details here. As most of you know, in previous posts I’ve discussed why Fairfax is a great undervalued business. Currently the shares are trading at about 1.05 times Q2 2011 ending book valued of $358. If business for Fairfax just stays flat then the buyback plus the current dividend of…

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Stocks

Fairfax Q2 2011 results

My apologies for the lack of posting lately. I’ve had some significant repair issues with the RV and have been spending most of my time at a repair shop and re-routing travel plans for the next 2 months. So, I figured I’d jump in with a post on my favorite under valued insurance company. Fairfax Financial reported Q2 2011 results…

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Stocks

Is Fairfax Financial a better value than Berkshire?

Top quality insurance companies are among the best values in the market today. I’ve written about Fairfax Financial before as the best stealth dividend stock in the world and about their CEO, Prem Watsa, who is often called the Warren Buffett of Canada. As it turns out, Berkshire Hathaway is pretty darn cheap these days as well. So, I thought…

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Stocks

Fairfax Q1 2011 Results – better than first blush

Fairfax Financial (FFH.TO, FRFHF.PK) reported Q1 2011 interim results on April 28, 2011. The press release can be found here. Below is the high level summary from the press release. Fairfax Financial Holdings Limited (TSX: FFH)(TSX: FFH.U) announces a net loss of $240.6 million in the first quarter of 2011 ($12.42 per diluted share) compared to net earnings of $418.4…

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Dividends , Portfolio

Fairfax declares 2010 dividend of $10

Quick post this morning on some worthwhile news this week out of my stealth dividend darling Fairfax which I posted on here. On January 5th 2011Fairfax Financial Holdings (FFH.TO on the TSX or FRFHF.PK in the US) declared its annual 2010 dividend. The full press release is here. The 2010 dividend is $10 USD per share, the same dividend level…

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Portfolio

November 2012 portfolio review

A little late for this month’s portfolio review but there has been a lot going on  lately on the personal front.  My apologies. This month there was a lot of changes to the portfolio. I’m mostly in cash now and starting to make a new shopping list. Lets get to the review. I’ll start with the retirement accounts. Most of…

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Portfolio

October 2012 portfolio review

Time for the October portfolio review. For last month’s review see here. Not many new changes for October and for the most part unless there are some dramatic events in the market you will rarely see any major changes in my overall portfolio. Let’s start with my equity positions. In general, I’m still finding stocks quite attractive. It’s a sign…

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