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
DON'T BUY
A black box company. He can't tell what's inside. Financial statements are opaque.
BUY
(Market Call Minute) Only 1.3 times book value which has gone up dramatically over the last year
BUY
Investment returns have been excellent but you have all the problems that come with property/casualty. A lot of those issues are now behind them but quarter-by-quarter volatility of earnings and share price will give you worries so you have to have a long-term perspective.
TOP PICK
Preferred shares-series C, 5.75%. Alternative to holding cash. Has a reset function so that every 5 years the rate is reset, representing a nice protection against inflation. They are accumulative units meaning they get paid before common shares.
BUY
Buying subsidiaries, valuation is rich for the sector.
COMMENT
This is the management that got everything absolutely right. US housing market was a house of cards and they bet against it and it paid off in spades. Took a dive in March when the market turned around however way ahead of where they where 5 years ago. This is a play on management and the long-term strategic positioning of the stock.
COMMENT
It is going to be tough for them to follow through on their staggering coup last year in the derivatives market. Historically speaking, it is not priced at its maximum but is well up.
BUY
This was a wonderful play on the downturn. CEO did a brilliant job positioning it to benefit from the market meltdown. Now he has gone the other way i.e., from being short to being long and is making some big bets. If you can get this under $300 and you are patient, you will do very well.
BUY
When you buy this company, you are buying their ability to invest the float, in other words, how successful can they be with the money they have in their care. They have done a marvellous job. P & C companies are performing well as a whole.
HOLD
(Market Call Minute.) Has had a huge run. Thinks money in here as a contrarian play will move back to the banks.
COMMENT
Has about $9 billion credit default swaps in their portfolio still. This is like buying a Put on the market. Very clever team of investors.
COMMENT
For some time the property and casualty insurance market has had a difficult time. Trading at about 1.5X Book, which is not a tremendously high price for it. There are times when it trades at 3 X Book.
DON'T BUY
(Market Call Minute.) Because it's in the financial sector this is in one of her favourite stocks.
PAST TOP PICK
(A Top Pick Feb 27/08. Down 18.6%. BNN misquoted as a 10 %gain.) High quality property/casualty insurance company. Trading below BV per share.
HOLD
(Market Call Minute.) Has been short the market so has done better than them all. If you are positive on the economy going forward, it would be a Hold.
Showing 271 to 285 of 460 entries