RE:RE:RE:This is HS!Thanks bud.
In Fairfax's defence, I'd be bummed if I was riding RFP down to the ground. Moreover, I'd be rightly embarrassed (reputation is everything) if the mean California guys did the calculations I sorta forgot to do.
I mean, their RFP holdings are crippling and must be at least 50% down. Here's why they are sharp (love that pulp; Calhoon is gonna save us; so many brutal lumber mills)
"As of April 30, 2013, Fairfax Financial increased its position yet again with paper and lumber company Resolute Forest Products by 13.64%, with current shares at 28,156,819. Watsa bought 3,380,300 shares in the average price range of $14.63, making a 1.99% impact on the Fairfax Financial portfolio. Last quarter ending Dec. 31, 2012, Watsa bought 5,797,729 shares of Resolute Forest Products Inc. (RFP), at an average price of $12.15, making a 25.1% gain. "
#whoops
#shrill
#leavemealone,Oaktreebullies!!