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View Full Version : BlackBerry shareholder Watsa, an investor with a long view



Wireless News
08-12-2013, 07:10 PM
http://l3.yimg.com/bt/api/res/1.2/bg7kG8xbbQ5Znut4O98OYw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-08-12T230914Z_1_CBRE97B1SBQ00_RTROPTP_2_CTECH-US-BLACKBERRY-COMMITTEE-WATSA.JPG (http://news.yahoo.com/blackberry-shareholder-watsa-investor-long-view-230914195.html)By Cameron French TORONTO (Reuters) - Just over a year ago, Prem Watsa said Research in Motion Ltd, now re-named BlackBerry, was a "Canadian success story," a good buy and a likely turnaround story, despite declining market share. BlackBerry's fortunes have only deteriorated since then, but Watsa, chief executive of top BlackBerry shareholder Fairfax Financial, is an old hand at looking wrong today and right tomorrow. Fairfax, both an insurance holding company and Watsa's investment vehicle, was on the losing end of bets against the market in the mid 2000s as Watsa waited for the U.S. ...



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