cwericb
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After holding Chou Associates for 10 years or so I finally dumped it late last year. So it will likely do very well over coming years. Never fails. Sigh.
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And so much for Garth Turner's prognostications. I feel sorry for those who agreed with Turner's line of thinking back then and rented rather than bought, waiting to pick up a house when the market crashed. This is nine years on and prices are rising faster than ever. However the big difference is that the dramatic price increases are no longer confined to Toronto, Calgary, and Vancouver, but are spread all across the country. While the pandemic has caused many in the large cities to look at less densely populated more rural areas, prices in the large cities don't seem to be showing any effects from this. One thing for certain, the building industry is booming and the price of materials seems to have no ceiling - and price seems no object, only availability. We live in very strange times.
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Look, there is a lot we still don’t know about Covid and the vaccines. But the odds are that the vaccine will likely be the answer to stopping this epidemic. If not, do you have a better idea of how to stop Covid-19? Don’t contribute to the problem, get vaccinated.
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“If you get vaccinated, it helps you is the claim for vaccine. But even Fauci is not saying it helps others.” Simple logic would tell you that if you don’t get the virus than the risk of you spreading it would negligible. “It is far easier to convince people to take a vaccine because its good for them rather than make up that it reduces transmission to others which is still being studied and raises suspicions about other claims of vaccine.” I guess if you are trying to apeal to selfish or sociopathic people, but most people are not that way and would do everything they can to avoid spreading it to others. Are you suggesting that there is a qusetion about wether or not people with the virus can spread it? Surely you are not. My point is not very difficult to understand. Get vaccinated and help stop the spread. Pretty damn simple.
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Because I care about what happens to others. Because many people have not yet had access to a vaccine. Because if we don't act together many more will die. I could go on, but surprised you would ask the question.
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Yeah, and when we start to fly I doubt anyone is going to be allowed anywhere near a commercial flight without proof of vaccinations.
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Just for anyone interested. I received my first Pfizer shot yesterday around noon with no side effects until evening and then noticed that I had a fairly tender arm. Still a bit tender this afternoon. Otherwise so far so good. PS I requested and received a written copy of a statement saying when, where and what I was vaccinated with and will also do the same when I get my second shot.
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Seriously? I think that you are missing the most important part of taking the vaccine. If you get vaccinated it is, at the very least, very unlikely that I will contract the disease. If I don't contract the disease than I am not going to spread it to others. "Would it be not more polite to just say, I got vaccine...I am protected." No, not at all because that misses the point. As I said, if I get the virus I could spread it to my family and dozens of others - that is much more important than simply protecting oneself. So the point is that if we are going to stop spreading this virus ...we need everyone to get vaccinated.
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Had my first Pfizer shot this morning. Still alive and no after effects so far. Risk? Well, on one hand I haven’t heard of anyone killed by the vaccine yet. On the other hand, half a million Americans and 30,000 Canadians have been killed by the virus. You don't have to be a genius to use a little common sense and play the odds. Refuse the vaccine and you become part of the problem.
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Try RBC Bank ? (RBC Bank (Georgia), N.A.) https://www.rbc.com/united-states.html
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Ben Graham Centre's 2021 Value Investing Conference
cwericb replied to Bryggen's topic in Fairfax Financial
You might get more response if you post this topic under the "General Discussion" section. -
"Tracking Prem Watsa's Fairfax Financial Holdings Portfolio - Q4 2020 Update" https://seekingalpha.com/article/4406115-tracking-prem-watsa-s-fairfax-financial-holdings-portfolio-q4-2020-update?mail_subject=frfhf-tracking-prem-watsa-s-fairfax-financial-holdings-portfolio-q4-2020-update&utm_campaign=rta-stock-article&utm_content=link-0&utm_medium=email&utm_source=seeking_alpha Article from Seeking Alpha.
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I can comment on PEI. We have had slightly more than 100 cases to date and presently have just five active. There has been no community spread, not a single person has died and no one has even been hospitalized. If you can qualify to come to our province, you MUST be tested and self isolate for 14 days. We have been very careful and have locked down certain businesses temporarily at times when necessary and then re-opened. Given that our third largest industry is tourism (1.6 million visitors annually in a population of 160,000), we have faced a lot of challenges financially and that industry in particular has suffered greatly.. However being proactive has also had its benefits. Presently life here is relatively normal or at least a new normal. Restaurants, gyms, etc are all open. Our provincial budget actually had a decent surplus in 2020 and most businesses are operating as normal and some are booming. Real estate and construction are setting records, partially due to people seeing the province as a relatively safe place from Covid. However we have been setting sales records for several years. The fact that we can control who enters the province and having a relatively small population certainly makes it easier. However if we apply the US death rate to our population we should have had thousands hospitalized and hundreds of deaths. Yet we have no dead and no one has yet to be hospitalized.
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Just for Fun -- What do you think FFH most likely did with Blackberry
cwericb replied to Xerxes's topic in Fairfax Financial
Funny how things go though. BB seems to be holding in the $12 US -$15 CDN range. If someone told us a month ago that BB would double in the next 30 days we would have been quite pleased. -
Yes! Not sure what I’m nervous of though! I feel exactly the same way. Surely to heavens Prem is selling portions daily as this rally goes on.