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
WEAK BUY
Launching a suit against hedge funds that are shorting the stock and driving the price down as well as putting out a lot of negative news. A well-run company with honest management. Could buy with a long-term view.
DON'T BUY
The property/specialty insurance market is very cyclical in nature. It has had a decent cyclical run in the past few years, upwards but pricing is now starting to soften up a little.
DON'T BUY
He prefers to go for the leaders in the insurance business. Those with strong balance sheets and not overly levered. Made a lot of acquisitions and they got hit with a number of catastrophic events and some regulatory issues.
DON'T BUY
Not a fan of this company. Insurance is a very tough business to analyse.
DON'T BUY
Their problem is that their reinsurance business is opaque, i.e., it is impossible to know what is going on there. Would prefer Kingsway Financial (KFS-T).
DON'T BUY
They bought a lot of assets at book value, but the assets are long term liabilities, so in his view, they didn't pay book value, but paid higher then book value. As this is an insurance company (and the type of insurance) they've had hurricanes etc that have hurt them.
HOLD
Likes the property/casualty sector, but prefers the much larger company Allstate (ALL-N). This company has problems with suppoennas floating around which reflects some of the activities with other companies that have taken place. Difficult to evaluate if they are a serious threat.
DON'T BUY
Basically what they are taking in in premiums is going right out the door.
WEAK BUY
Has traded down with the other insurers in the last little while. Doesn't find it that attractive. A good defensive holding.
DON'T BUY
Property and casualty market on the commercial side has probably peaked out. Has sold off parts of its jewels Odyssey Re Holdings (ORH-N) and Northbridge (NB-T). That's always a negative when a company has to sell off its best assets.
DON'T BUY
Prem Watsa remains a very clever and capable money manager. The stock is priced to assume that he's going to do a good job. Can't see very much upside.
HOLD
Feels it has been climbing so dramatically because of the valuations of the investments it holds. A tremendously volatile stock. Relatively illiquid.
DON'T BUY
Had a wonderful run because it was over sold in the early part of 2003. Fell below the 200 day moving average. Recent moves have been without momentum.
TRADE
Hates this company and doesn't touch it. Model price is a little bit higher than the current price.
PAST TOP PICK
(A Top Pick Aug 17/04. Down 14%.) Still likes. Hurricanes had a huge impact. Hoping management will be able to get return on equity back up to around 10%. Good price now.
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