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Prem Watsa

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2026-07-19

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2026-07-19

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1. “I think that's actually completely correct. And if you even look back in time at the difference between Warren Buffett and even Benjamin Graham, Benjamin Graham, part of his entire system was built on the fact that he lived through the Great Depression. And so he always thought that another depression was right around the corner. And luckily for Buffett, he was very, very young. And I don't even think he remembered anything that happened during the Great Depression. So I think you're 100% correct, depending on when you're brought into the market. I think fully, fully affects how you invest into the future. But I want to look here at exactly what Fairfax does. Fairfax, you can think of is basically a holding company with multiple segments. So they have kind of these three primary segments. The first one is the property and casualty insurance and reinsurance business. So this segment covers their insurance and reinsurance businesses that are all over the world, not just in North America. And when I say around the world, I really mean, you know, all sorts of interesting places. You got Barbados, South Africa, Greece, Kuwait, Hong Kong, Bangkok, Luxembourg, Warsaw, Brazil, and Argentina among”

   2026-07-19 · We Study Billionaires · TIP832: Fairfax Financial (FFO.TO): The Berkshire Of The North w/ Kyle Grieve & Shawn O'Malley · IDENTIFIED FROM THE TRANSCRIPT