Top PickFirst stock in the clip; he and his family also own it personally. GLTA
https://www.bnnbloomberg.ca/video/brett-girard-s-top-picks~2409770
Fairfax Financial (FFH TSX) 2021 was a turning point in the business with revenues growing 34 per cent, net earnings (including one-time items) up 15x and the consolidated combined ratio down to 95 per cent from 97.8 per cent. Going forward, their insurance businesses are expecting continued hard pricing while the float is short duration and will benefit from higher interest rates. Trading near 1x book value is a discount to the sum of the parts. TOP PICK
Fairfax Financial(FFH-T)
24/03/2022 at 08:00pm
Excellent management with Prem Watsa. 2021 a turning point in the business (net earnings up 15x, revenues up 34%). Struggling company that has turned the corner. Insurance business that is able to raise prices. Insurance float is positively affected by increase in interest rates.
INSURANCE
Brett Girard, CPA, CA, CFA
$647.590
Owned