Post #10619 by dealraker on the US Policy board

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For everyone's entertainment...

Somewhere in the mid 1990's I think, my memory is challenged, Prem Watsa was initially profiled as the "Buffett of the north" in all of the business media. Fairfax, the stock, went to more than 4 times book value!

And just 2 or 3 years ago Fairfax was less than 1/2 of book!

Cycles...they cycle. Same guy, same company, same future the entire time as euphoria and despair rotate.

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