Charles Frischer on X
Fairfax Financial's Buffett backstop mattered most when shares traded at 70% of book value, with Buffett viewed as a potential buyer at 1.5 times book.
NYSE
FFH
3 articles
Delisted Jul 31
Fairfax Financial's Buffett backstop mattered most when shares traded at 70% of book value, with Buffett viewed as a potential buyer at 1.5 times book.
@ClayBaumung @PronkDaniel That assumes 15% growth in book value over the next 8 years, reinvestment of the yearly $15 dividend and $FFH selling for 2 times book value. Doesn’t seem crazy to me.
$FFH. Prem’s latest investment formula. https://t.co/a8vTn9iGj4