" Fairfax Financial Holdings Ltd ., like Campbell's Soup, has defied the stock market carnage as Wall Street and the global financial system melts down. Fairfax has defied gravity because the property and casualty insurance company, led by its...
Topics: prem watsa

"Normally, as a buyer you have to compete with a lot of very, very smart competitors," said Mr. Klarman. " But many of the smartest people are on the sidelines now because of redemptions, margin calls or panicked-out-of-their-mind selling..
Topics: seth klarman

"Insurance stocks plunged Wednesday after MetLife annouced it would be raising capital, cutting jobs and withdrew its 2008 earnings guidance due to the dramatic downturn in the world financial markets. In an effort to provide some semblance of...
Topics: charlie munger, wsc

Don't worry. This too shall pass! Jim Cramer says "you can't make a dime panicking." If you still have money in cash, congrats! You get to pick and choose the best of breed stocks from the stock... [[ This is a content summary...
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"The only change that the recent turmoil around us has caused is to make me completely ignore the financial-services space -- no long or short bets. I just leave that area alone. I throw it in the... [[ This is a content summary only. Visit my...
Topics: mohnish pabrai