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Fairfax Financial Holdings Limited Subordinate Voting Shares (FFH $2,337.10)
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Intact Financial Corporation (IFC $260.82)
Q: After a quiet year, P&C Insurance stocks are showing some buyers' interest, over past 2 months. We sold IFC and FFH positions, late last year. Do you think, the sector is showing some strength and it is a good time to re enter ?
If Yes, what would be your preferred route- Fairfax or Intact and why ?
In my personal view, Fairfax stock has shown remarkable resilience vis-a-vis Intact and Co is more diversified, with several interesting investments like Foran mining, Orla mining etc and potential for more similar investments. ( They sold their position in Eurobank ).
Thank You
If Yes, what would be your preferred route- Fairfax or Intact and why ?
In my personal view, Fairfax stock has shown remarkable resilience vis-a-vis Intact and Co is more diversified, with several interesting investments like Foran mining, Orla mining etc and potential for more similar investments. ( They sold their position in Eurobank ).
Thank You
5i Research Answer:
We think it is safe to re-enter. FFH, with its investment program (ala Berkshire) is a bit...