Mar 072011
 

Fairfax has a great story to tell ( thanks to my friend Deepak Shenoy, whose post in Capital Mind alerted me to this stock). FFH has reported compound growth in book value of 24.7% over 25 years.. wow! should I buy that stock now?

I would urge some patience, even if you plan to hold this until your granchild goes to college. Take a look at the chart, and it has some interesting observations. Elliott Wave Principle does come up with some interesting stuff, at least in hind sight, sigh!

-Ramki

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