Friday, 24 September 2010

Fairfax

I've written a new article on shareworld, on the subject of Fairfax Financial Holdings.  As it happens I like the look of them, but can't buy any shares, since my broker doesn't offer them (I'm limited to the UK, NYSE and a few selected others, but Fairfax is listed in Toronto).

Sometime in the next 3 months I need to sell my Berkshire Hathaway shares to realise the capital gain before I move to Norway (no capital gains allowance over there).  At the same time I'll be opening a brokerage account I can use from Norway - possibly with Internaxx - and that should allow me to buy shares in Fairfax.  I haven't quite decided yet, but there's a good chance I'll sell Berkshire and put some of the proceeds into Fairfax (probably not all of it, since I don't trust them quite as much as I trust Berkshire).

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