RE:RE:RE:Watsa sure likes his "freebies" here and touts value Prayfortheworld wrote: Watsa is not Buffett and Buffett is not Watsa. Both gentlemen have made a lot of money for there shareholders. for that reason people have compared one to the other. There is no rule for red in the stock market but one should get there facts straight or be labeled an idiot like the username BBstock
Should I be surprised that a Watsa supporter (not a BB supporter which I am) doesn't see the difference between SP on December 30, 2013, $ 7.26 and $ 6.67 today? So, as a 7-year-old BB shareholder I lost $ 0.59 for each share I own. For comparison, Apple, the company that Chen mocked for its battery 6 years ago, gave their shareholders $ 116 for each share plus dividend.
Should I be surprised that a Watsa supporter doesn't see the difference between red and green? RED is the color of SP in 22 days compared to 12 days in GREEN in the last 5 days of each year out of the last 7 years that include the day before Chrismas to New Year.
Should I be surprised that a Watsa supporter doesn't see the difference between an "idiot" and a critic? Why do you need to go so low? Do you have only the suburban dictionary?
Yes, I appreciate that Watsa took care of this company not to go bankrupt, but at the same time he did nothing for the retail shareholders. They went bankrupt to save this company, it's not the Watsa money, it's the retail sherholders money. And someone like you, a news dealer from few months, comes to give them the title of idiots. Watsa's strategy was good then to save the company and bad throughout the last 7 years. He used us. We aren't stupid to not understand where are the money from $14.5 to $2.7 and all these up and down. The bigest problem is that, in the last month the SP fall 30% from his 52 wk high and that means he still use the retail shareholders money. He has no intention to give them a return.
PS I'm still a BB shareholder even if you like or not and I have the right to critic.
Happy New Year!