Prem Watsa Portfolio Picks

Prem Watsa is the founder, chairman and CEO of Fairfax Financial Holdings (FFH), a Canada-based property/casualty insurance and reinsurance firm. While managing Fairfax’s large investment portfolio over the past couple of decades, Watsa has built a reputation as an astute value-oriented investment manager. Some have called him “Warren Buffett of Canada.” More recently, Watsa’s firm has been embroiled in a suit against short sellers who allegedly conspired to drive down the price of Fairfax stock and hurt the company’s business.

The Manual of Ideas estimates that Watsa’s top three ideas at this time are Kraft Foods (KFT), Wells Fargo (WFC) and International Coal Group (ICO). Our analysis is based on a recent Form 13F-HR filed by Fairfax Financial Holdings with the SEC. We also consider Fairfax’s past 13F-HR filings, recent 13G and 13D filings as well as the latest market prices of the portfolio holdings. Please see below for an explanation of the MOI Signal Rank™ methodology.