TSE:FFH

Fairfax Financial (FFH.TO)

2,219.23
+15.92 (0.72%)
as of Oct 2, 2026, 8:00:00 pm Market Open.
284 watching
0
PAST TOP PICK

(A Top Pick Jan 9/12. Up 11.49%.) 6.4% bonds maturing May 25/21.

TOP PICK

Preferred Series I. This is the re-set preferred which will either be called by the company for redemption in 2015 or re-set and the dividend going forward at that juncture will be the five-year Canada bond +2.85%.

COMMENT

Have stumbled a few times over the past number of years but they are value investors. The driver for this company has always been their insurance operations. He doesn’t buy companies with dual class shares so he doesn’t own this. Shares have been under pressure and there is possibly some value here.

COMMENT

Absolutely solid. This is a property/casualty Company. Great cash flows. Very good track record for investments of the premiums. Now out on a limb because it doubled its Research in Motion (RIM-T) exposure.

BUY
Extremely well company. Made a lot of money in investments. It is a function of valuation that keeps him out of it. Very rarely can you buy it at book value.
DON'T BUY
.25% bond due June 22/20 yielding 5.9%. Is this safe? Thinks it is too far out for this particular corporate. He would avoid it.
TOP PICK
6.4% bonds maturing May 25/21. This company has gone from non-investment grade to investment-grade. Over 6% is a good trade. Has a pretty good track record of continuing to improve its credit rating.
COMMENT
Debenture maturing May 25/21. Is this safe and will the bond capital be returned if the company fails? If you're looking for pure safety, this is not the bond for you. Likes the name, but it is a BBB rated security and also 10 years to maturity. There are no real concerns about default. Moderate risk.
SELL
Very boring. There's not a lot in the large-cap financials that gets him excited. Better places to be.
HOLD
Nor very exciting these days. Tracks between $380 and about $420. On a NAV it tends top be worth about $600. Marvellous investors and built their empire in property and casualty. Doesn’t see the next catapult taking it to much higher levels.
COMMENT
CEO Prem Watson is one of the smartest people he knows and usually comes through things well but it has been a bit of a mercurial stock and he is a contrarian. Taken a bit of a pounding on some of their hedges. If you can be patient for 3 to 5 years he will deliver a good return.
COMMENT
Property and casualty insurer and has come under some pressure because of the Japanese earthquake. Great long-term track record but tends to make big bets that don’t always pay off very quickly.
PAST TOP PICK
(Top Pick Mar 5/10, Up 2.72%) There has been concern about the property and casualty industry as a whole. Now trades at a discount to book value. They are hedged on their portfolio.
PAST TOP PICK
(A Top Pick Jan 5/10. Up 8.35%.) Preferred shares 5.75%, series C.
PAST TOP PICK
(A Top Pick March 5/10. Up 4.9%.) Still a Buy.
Showing 241 to 255 of 460 entries