BNN Coverage As indicated, much of the losses are just on paper (which a lot of us have this past year) so that is why the SP reaction was a non event. GLTA
Fairfax swings to Q2 loss on portfolio weakness
If it’s any consolation to Canadians who have reluctantly checked their investment statements as equity markets went into a tailspin this year, even the country’s most famous investor — who is often compared to Warren Buffett — couldn’t dodge the turmoil. BNN Bloomberg's David George-Cosh reports.
https://www.bnnbloomberg.ca/video/fairfax-swings-to-q2-loss-on-portfolio-weakness~2492999