Two BNN Clips Fairfax operating income jumps
Fairfax Financial CEO Prem Watsa clapped back against a short seller who questioned the company’s financial disclosures, calling previous allegations 'false and misleading information.' BNN Bloomberg's Andrew Bell reports.
https://www.bnnbloomberg.ca/video/fairfax-operating-income-jumps~2868708
Fairfax still provides good value: portfolio manager
Any knee jerk reaction on any short seller report, and you'll make the wrong decision, says Grant White, portfolio manager and investment advisor at iA Private Wealth, in response to a report from activist short seller Muddy Waters alleging that Fairfax was manipulating asset values and income. We're not expecting home runs for Fairfax, says White, but it can move at a reasonable pace.
https://www.bnnbloomberg.ca/video/fairfax-still-provides-good-value-portfolio-manager~2868730