Canada’s Warren Buffett-Prem Watsa’s Fairfax Financial Holdings Nears Record High. Outperforming Warren Buffett’s Berkshire Hathaway and the S&P500.

Highlights:
Fairfax is benefiting from defenses Watsa erected starting in 2011, when he foresaw market volatility and declining inflation worldwide. Watsa has long been a contrarian investor, wagering on a rebound in floundering smartphone-maker BlackBerry Ltd. and Irish lenders after the financial crisis, and against a booming U.S. mortgage market before the 2008 crash.

Watsa, 65, didn’t respond to e-mails and phone call requests for comment.

Reference
Bloomberg

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