FAIRFAX FINANCIAL HOLDINGS LIMITED – OPPORTUNITY KNOCKS?

FAIRFAX FINANCIAL HOLDINGS LIMITED – OPPORTUNITY KNOCKS? by Caleb Gibbons, CFA, FRM– Originally at IBankCoin. Reposted with permission

FAIRFAX FINANCIAL HOLDINGS LIMITED is a Financial Holding Company based on Toronto, Ontario, Canada. Their underlying business is multi-line insurance (property & casualty, life, re-insurance, investment management and insurance claims management). Fairfax is listed on the Toronto Stock Exchange (TSE) under the ticket FFH.TO and has had an impressive run (understatement) under Prem Watsa, 21% compounded annual growth in book value from September of 1985 through present. From C$1.52 to C$700, over 31 years, truly remarkable. As at the end of Q3 2015 Fairfax had C$42bln (US$32bln) in assets. Full results for 2015 will be out mid April. Mr. Watsa...