Parsad

+1! Cheers!

What a joke! Without Prem, Blackberry would have been bankrupt 8 years ago under Thorsten Heins who the board picked against Prem's wishes. Prem is the guy who pushed for John Chen before Thorsten Heins got the job. The board went with Heins and lost almost three years on the turnaround. Cheers!

Hilarious! Reddit bandwagon keeps trotting along. Cheers!

That's a smart loophole! Cheers!

Vancouver has similar constraints to New York. Essentially, we have mountains to one side, Pacific Ocean on another and the U.S. border on the third side. So as such, we either build upwards, higher density or east to the Fraser Valley. Cheers!

How many of you with multiple properties utilize a property manager? Cheers!

Rosenberg comments on prices in North Bay, ON. Cheers! David Rosenberg on Twitter: "I'm going to change the Einstein definition of insanity to this: when home prices in North Bay, Ontario begin to look like a dotcom stock in 1999. There's a whole lot of pain, globally speaking, if (when) this housing bubble bursts. https://t.co/NTR4H2Z7WT" / Twitter

Article by a financial blogger on what he has in his wallet? How many of you use credit cards and loyalty cards to rack up points? What other interesting things do you keep in your wallet? Cheers! What's In Your Wallet? (boomerandecho.com)

Of those people that invest in real estate, how much of your real estate portfolio is composed of commercial property? Cheers!

I added net of any debt to clarify...thanks for pointing that out. Cheers!

With interest rates so low, and real estate values seemingly high, this is a poll to see how much of the average net worth is tied up in real estate...including both residential and commercial. Net of mortgages, lines of credit, etc. Cheers!

Hi All, Please move this discussion over to the Coronavirus thread on the Politics Forum. Same username and password as the Investment Forum. https://politics.thecobf.com/topic/37583-coronavirus/?tab=comments#comment-1240380 Thanks! Sanjeev

Incidentally, Fairfax doesn't have to monetize their BB position. I think it would be equally beneficial if BB did something similar to AMC and did a at the market equity raise as well. BB raising $1-2B at these prices would be as good as FFH selling or monetizing their BB investment. Cheers!

Fairfax is one of the most opportunistic companies out there. They couldn't capitalize on BB last time, because the convertible debt agreement restricted any sale of BB for six months. They said they looked at all different ways to capitalize on it...Wade and Roger sold their shares so you know half the investment team thought it was over fair value...it wasn't like Brian and Prem were sitting on their asses eating potato chips and watching hockey. If they haven't capitalized on it some way this time, then I will agree with you. But the opportunity to sell or monetize last time simply wasn't there. Cheers!

Also, that analyst's comments were some of the dumbest things I've ever heard. Do they actually know how in depth Fairfax goes before making a large investment...I've talked to the analysts who work there, I've seen the reports, articles, statements on their desks...I've talked in depth about investments with Brian, Roger, Chandran, Prem...I know how their team tears apart an idea that anyone brings forth for investment...Wade, Lawrence come from the Cundill environment, which should speak for itself. Just because their investment ideas don't necessarily fit in the framework of what shareholders, analysts or other managers frame their ideas in, doesn't mean the work isn't there. Cheers!