|
|
Unam How One of Canada s Greatest Investors Creates Value
Fairfax F vaso stanley inancial Holdings TSX:FFH is a Canadian holding company main stanley termohrnek ly involved in the insurance industry. It is involved in property and casualty insurance, the same kinds of insurance that Berkshire Hathaway offers. For this reason, the company chief executive officer Prem Watsa has often been called Canada Warren Buffett. Whether Watsa is a Buffett-calibre leader stanley cup spain remains to be seen. He has certainly delivered his investors a market-beating return over the last two decades, though recent years have been weaker. In this article, I ;ll explore several reasons why Fairfax Financial Holdings stock is an underestimated gem.What Fairfax doesFairfax is a property and casualty insurance company. This means that it insures properties and insures people against adverse events. Among its subsidiaries areAlltrust, a Chinese company involved in property and energy insurance;ARX, a Ukrainian life insurance company; andPacific Insurance, a general insurance com Lqsa Is Canopy Growth (TSX:WEED) a Bargain Stock
Royal Bank of Canada TSX:RY NYSE:RY is moving into Hollywood and buying L.A.-based City National Corp. NYSE:CYN in a cash and stock deal.What should investors know about City National Well, it is a private and commercial bank that serves high net worth clien stanley water bottle ts and commercial customers, including Arnold Schwarzenegger. Barron has ranked the bank stanley trinkflaschen as one of America stanley mugg top 40 wealth managers for the last 14 years.This move is RBC s attempt to grow its wealth management business in the U.S. and the company says while there may be more acquisitions in the future, its current focus is聽short-term organic growth. The deal will cost RBC US$5.4 billion, which聽amounts to US$93.80 per share of City National. By the end of Friday s trading, RBC shares closed at $75.42 while shares of City National were at US$88.99.Is this a good deal for RBC Although shareholders didn t seem too happy about this deal RBC shares fell about 5% on the announcement , in the long run, I reckon this look |
|
扫码关注官方微信
发表于 2024-9-22 12:29:16
发表于 2024-9-22 12:29:26