Clik here to view.
The ‘unicorpse’ collapse is happening, and Prem Watsa predicts tech stocks...
Prem Watsa, the investor who heads Fairfax Financial Holdings Ltd. and foretold a drop in technology company shares two years ago, is now saying “I told you so.” In his annual letter to shareholders,...
View ArticleClik here to view.
Fairfax Financial boosts stake in Torstar Corp to 27% as stock price at...
Torstar Corp., owner of Canada’s largest-circulation newspaper, gained the most in a month after investor Prem Watsa boosted his stake with the stock at a record low. Watsa’s Fairfax Financial Holdings...
View ArticleClik here to view.
Fairfax third-quarter profit shrinks on steep investment losses
Fairfax Financial Holdings Ltd., led by well-known contrarian investor Prem Watsa, barely eked out a profit for the third quarter as the company booked steep losses on its investments. Fairfax recorded...
View ArticleClik here to view.
Betting on more market pain, Fairfax’s Watsa sheds 90% of U.S. bond holdings...
Fairfax Financial Holdings Ltd., the Canadian holding company run by value investor Prem Watsa, sold almost all of its long-dated U.S. Treasuries amid global uncertainty, including the outcome of the...
View ArticleClik here to view.
Canada’s Warren Buffett says it’s time to go on offensive and bet on growth...
Prem Watsa is significantly expanding the reach of insurer Fairfax Financial Holdings Ltd. in the United States with his largest deal – a US$4.9 billion cash and stock acquisition of Allied World...
View ArticleClik here to view.
Fairfax mulls selling 25% stake in India’s ICICI Lombard to fund Alliance...
Fairfax Financial Holdings is in early talks to sell 25 per cent of India’s largest private general insurer ICICI Lombard in a deal that could fetch up to US$1 billion, as the Canadian firm looks to...
View ArticleClik here to view.
Fairfax Financial Holdings Ltd’s Prem Watsa is doubling down on his Trump...
Fairfax Financial Holdings Ltd., the holding company run by investor Prem Watsa, unloaded its long-term bond holdings and reduced short positions on stocks, adding to a bet that President Donald Trump...
View ArticleClik here to view.
‘People are going to get hurt’: Fairfax’s Prem Watsa says Toronto real estate...
Prem Watsa, head of Canadian investment firm Fairfax Financial Holdings Inc., said the Toronto property market is in a bubble that will end with pain for banks that financed the growth. “Most banks...
View ArticleClik here to view.
Prem Watsa says Donald Trump is good for business but needs to pipe down
Prem Watsa, one of Canada’s most powerful investors, told a Bay Street crowd Thursday that he remains bullish on the U.S. economy under U.S. President Donald Trump, but urged Trump to pipe down. “I...
View ArticleClik here to view.
Five things you should know before you start your work day on May 19
Good morning. Editor Nicole MacAdam (@nicole_mac1) here. Provincial politics may derail Justin Trudeau’s carbon pricing plan, Prem Watsa has a message for Donald Trump: “Just stay quiet,” and oil...
View ArticleFairfax Financial boosts stake in Torstar Corp to 27% as stock price at...
Torstar Corp., owner of Canada’s largest-circulation newspaper, gained the most in a month after investor Prem Watsa boosted his stake with the stock at a record low. Watsa’s Fairfax Financial Holdings...
View ArticleFairfax third-quarter profit shrinks on steep investment losses
Fairfax Financial Holdings Ltd., led by well-known contrarian investor Prem Watsa, barely eked out a profit for the third quarter as the company booked steep losses on its investments. Fairfax recorded...
View ArticleBetting on more market pain, Fairfax’s Watsa sheds 90% of U.S. bond holdings...
Fairfax Financial Holdings Ltd., the Canadian holding company run by value investor Prem Watsa, sold almost all of its long-dated U.S. Treasuries amid global uncertainty, including the outcome of the...
View ArticleFairfax mulls selling 25% stake in India’s ICICI Lombard to fund Alliance...
Fairfax Financial Holdings is in early talks to sell 25 per cent of India’s largest private general insurer ICICI Lombard in a deal that could fetch up to US$1 billion, as the Canadian firm looks to...
View ArticleFairfax Financial Holdings Ltd’s Prem Watsa is doubling down on his Trump...
Fairfax Financial Holdings Ltd., the holding company run by investor Prem Watsa, unloaded its long-term bond holdings and reduced short positions on stocks, adding to a bet that President Donald Trump...
View Article‘People are going to get hurt’: Fairfax’s Prem Watsa says Toronto real estate...
Prem Watsa, head of Canadian investment firm Fairfax Financial Holdings Inc., said the Toronto property market is in a bubble that will end with pain for banks that financed the growth. “Most banks...
View Article‘We like democracy’: Prem Watsa shuns China as Fairfax looks for investments...
Prem Watsa, the billionaire head of Fairfax Financial Holdings Ltd., sees plenty of opportunities for investment in the U.S. and his native India. He’s less interested in the other Asian powerhouse....
View ArticlePrem Watsa reveals what he thinks is the ‘single best place’ to put money...
Investor Prem Watsa sees more room to run in the global economy because trade tensions with China will ease, and calls India the "single best place" to put money. Read More
View ArticlePrem Watsa lost $160 million in a day as BlackBerry, Stelco tanked
Tuesday was a day to forget for Prem Watsa, often referred to as Canada's Warren Buffett. His Fairfax Financial Holdings Ltd. lost more than $160 million (US$121 million) just in his top five listed...
View ArticlePrem Watsa’s ‘mindboggling’ explanation of forestry takeover prompts judge to...
Canadian investor Prem Watsa was "purposely forgetful" and offered a "mindboggling" explanation in court testimony explaining why he backed a low-ball bid for a pulp mill in a sale to Resolute Forest...
View Article
