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Thursday, 23 September 2010

Fairfax Financial Holdings

Fairfax is a similar company to Berkshire Hathaway. It is an insurance company that uses its capital and float to invest in shares, bonds and other financial instruments. Unlike Berkshire they do not tend to buy whole companies.

Fairfax's main listing is on the Toronto Stock Exchange (TSE). Its share price is currently C$408, which is US$396 (from this point I'm going to use $ to mean US$). There are 21.3m shares outstanding, so it has a market cap of $8.5bn....Read the full Article - By Dan Tebbutt

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