tag:blogger.com,1999:blog-5389144729834496735.post8580010449717809553..comments2024-03-17T05:15:55.634-04:00Comments on The Brooklyn Investor: Fairfax India Holdings (FFXDF)Unknownnoreply@blogger.comBlogger18125tag:blogger.com,1999:blog-5389144729834496735.post-83878049299967656502017-05-16T10:47:24.494-04:002017-05-16T10:47:24.494-04:00Thanks for the insight from the ground. That sound...Thanks for the insight from the ground. That sounds really great.kkhttps://www.blogger.com/profile/06299974418283948333noreply@blogger.comtag:blogger.com,1999:blog-5389144729834496735.post-52885815147230732722017-05-15T22:21:01.273-04:002017-05-15T22:21:01.273-04:00Also owned HDB for about 2 1/2 years, for the same...Also owned HDB for about 2 1/2 years, for the same reasons. Expect to hold that one for a long time to come. <br /><br />I've been traveling to India for work annually over the last 6 years. Anecdotally, the amount of visible change each year, and over the whole 6 years, is stunning. Everything from small processes at hotels, to shopping habits of my co-workers, to brand awareness and mall traffic (they still actually go to malls!), to traffic in the cities and local infrastructure evolution is very noticeably different each year and clearly moving forward. My takeaway is that the Indian economy is a freight train moving forward with some serious momentum. <br /><br /><br /><br />Mjillsternoreply@blogger.comtag:blogger.com,1999:blog-5389144729834496735.post-10233086851470659142017-05-08T21:56:04.009-04:002017-05-08T21:56:04.009-04:00No I haven't looked at it. It is an interesti...No I haven't looked at it. It is an interesting idea, but I don't know the extent of Watsa's familiarity with Africa. India makes sense; he has been involved there for a long time, has insurance operations etc... Africa is a relatively new thing and I don't have a comfort level with it myself or what gives Fairfax and edge there etc... <br /><br />This is not to say it's a bad idea. It is interesting for sure, but just not something I have developed a comfort level for... kkhttps://www.blogger.com/profile/06299974418283948333noreply@blogger.comtag:blogger.com,1999:blog-5389144729834496735.post-70623251986864033402017-05-08T21:53:30.733-04:002017-05-08T21:53:30.733-04:00I haven't looked closely at the name. As long ...I haven't looked closely at the name. As long as it is doing well and creates value and you don't overpay, it should be a decent proxy. Some banks don't really create value, they keep giving it all back in bad times etc... kkhttps://www.blogger.com/profile/06299974418283948333noreply@blogger.comtag:blogger.com,1999:blog-5389144729834496735.post-15510145640599601072017-05-08T18:02:40.973-04:002017-05-08T18:02:40.973-04:00I'm invested in FRFHF, but i've also inves...I'm invested in FRFHF, but i've also invested in Fairfax India Holdings and Fairfax Africa Holdings.<br />How often do you get the chance to invest alongside Watsa in upcoming economies. Both are pretty new holdings and I'm looking forward to a long long ride!<br /><br />@kk: did you take a look at Fairfax Africa Holdings? Any thoughts?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5389144729834496735.post-61864017290190620562017-05-07T01:39:37.700-04:002017-05-07T01:39:37.700-04:00I have chosen HDB ADR to use as a proxy to Indian ...I have chosen HDB ADR to use as a proxy to Indian economy. It has excellent ROA, conservative leverage, big enough that govt will come bail it out. Entry PBV will likely be high but so will exit PBV if I can unload within next 30-40 years. <br />Thoughts?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5389144729834496735.post-18761541209986550322017-05-05T04:47:19.953-04:002017-05-05T04:47:19.953-04:00Thanks. That sounds like some programming skills i...Thanks. That sounds like some programming skills in Python are necessary. Would be nice to have, but really difficult to learn as an autodidact. If you somehow used the google visualization API with google finance, the data can refreh automatically with 20 minutes delay (if you ever need it).<br /><br />Here is an article about expectations, with some thoughts an valuation of the Indian market: <br />http://www.safalniveshak.com/reasonable-expectations/Martinhttps://www.blogger.com/profile/08749838473979475080noreply@blogger.comtag:blogger.com,1999:blog-5389144729834496735.post-1418983834877646012017-05-04T22:41:06.342-04:002017-05-04T22:41:06.342-04:00Huh? Where did I mention that IQ is "the perf...Huh? Where did I mention that IQ is "the perfect encapsulator of intelligence"?Cowboy Lutrellhttps://www.blogger.com/profile/01089905320662751255noreply@blogger.comtag:blogger.com,1999:blog-5389144729834496735.post-16157722802666048122017-05-04T21:37:00.178-04:002017-05-04T21:37:00.178-04:00Isn't Fairfax India Holdings a PFIC, so a big ...Isn't Fairfax India Holdings a PFIC, so a big tax headache for US-based investors? Unknownhttps://www.blogger.com/profile/16901665193470461855noreply@blogger.comtag:blogger.com,1999:blog-5389144729834496735.post-71544776112653206752017-05-04T21:11:53.180-04:002017-05-04T21:11:53.180-04:00nothing about being racist. IQ is just not the per...nothing about being racist. IQ is just not the perfect encapsulator of intelligence that you believe it to be Unknownhttps://www.blogger.com/profile/12112557749340317976noreply@blogger.comtag:blogger.com,1999:blog-5389144729834496735.post-10976432967475614122017-05-04T16:24:08.408-04:002017-05-04T16:24:08.408-04:00I own Fairfax India.
In terms of funds, have a lo...I own Fairfax India.<br /><br />In terms of funds, have a look at VinaCapital Vietnam Opportunity Fund <br />http://vof-fund.com,<br />written up a little by Wexboy: https://wexboy.wordpress.com/tag/vinacapital-vietnam-opportunity-fund/<br />Under NAV, good performance, good allocation it seems.<br /><br />I also like the manager of Fundsmith Emerging Equities Trust https://www.feetplc.co.uk<br />His methods etc are to be found here: <br />http://www.iii.co.uk/articles/409842/star-fund-manager-terry-smiths-secret-successful-investing<br />He's underperforming right now, but will probably kill it in the long run.<br />el-thttps://www.blogger.com/profile/16735281407262449780noreply@blogger.comtag:blogger.com,1999:blog-5389144729834496735.post-89646258456420056612017-05-04T15:47:55.772-04:002017-05-04T15:47:55.772-04:00Oh, so by merely mentioning an inconvenient fact, ...Oh, so by merely mentioning an inconvenient fact, I transgressed a taboo I guess. Those damn facts are racist.Cowboy Lutrellhttps://www.blogger.com/profile/01089905320662751255noreply@blogger.comtag:blogger.com,1999:blog-5389144729834496735.post-63024862297740696502017-05-04T14:41:59.465-04:002017-05-04T14:41:59.465-04:00Groan... not a sign of a high IQ to believe things...Groan... not a sign of a high IQ to believe things like thisWilberhttps://www.blogger.com/profile/04728227021889501327noreply@blogger.comtag:blogger.com,1999:blog-5389144729834496735.post-21222824179781332742017-05-04T12:33:28.253-04:002017-05-04T12:33:28.253-04:00The average IQ is reported to be a nice 108 in Sin...The average IQ is reported to be a nice 108 in Singapore. As for India, it comes a bit short on that score...Cowboy Lutrellhttps://www.blogger.com/profile/01089905320662751255noreply@blogger.comtag:blogger.com,1999:blog-5389144729834496735.post-1805961089574418572017-05-04T09:32:31.199-04:002017-05-04T09:32:31.199-04:00Hi, I use Pandas and Matplotlib in Python. Data it...Hi, I use Pandas and Matplotlib in Python. Data itself is either google or yahoo api, forget which one. I use Python itself to write the html page and that is ftp'ed up to the web server (all automated, of course). There are many ways to do this, but this is happens to be the way I do it... kkhttps://www.blogger.com/profile/06299974418283948333noreply@blogger.comtag:blogger.com,1999:blog-5389144729834496735.post-1700573161073673922017-05-04T06:48:05.242-04:002017-05-04T06:48:05.242-04:00I enjoy reading your blog. How did you realize tho...I enjoy reading your blog. How did you realize those charts? With google finance? Would be very interested into how this works. Martinhttps://www.blogger.com/profile/08749838473979475080noreply@blogger.comtag:blogger.com,1999:blog-5389144729834496735.post-41097362900785402132017-05-03T15:17:07.438-04:002017-05-03T15:17:07.438-04:00FRFHF is good too. This is interesting in that it&...FRFHF is good too. This is interesting in that it's a pure India play. Hopefully, Watsa doesn't get any ideas about trying to hedge that portfolio! kkhttps://www.blogger.com/profile/06299974418283948333noreply@blogger.comtag:blogger.com,1999:blog-5389144729834496735.post-73498758855666613382017-05-03T15:15:08.163-04:002017-05-03T15:15:08.163-04:00Why not just own FRFHF? Doesn't it have some e...Why not just own FRFHF? Doesn't it have some exposure to India? Thanks.Anonymousnoreply@blogger.com