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Author: cmfool77 Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 41315  
Subject: Re: OT: Can a fund manager get by on $600K a yea Date: 8/31/2005 3:03 AM
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Leave aside his personal views and behavior for a moment, you apparently do not know who Prem Watsa was/is?


If you had been a shareholder of his when he started "imitating" Buffett, I don't think you would be complaining. Since his primary investment vehicle was insurance, he has sometimes gotten the moniker "Canadian Buffett", and for the 20 years he has been managing his company, he has delivered great returns. On the other, there was perhaps a touch of humor in the dividend comment that got taken out of context.

That said, just because one has, or makes, a ton of money, does not indicate a class act. Unlike Buffett, Watsa's comments seem to indicate prestige and comfort mean a lot to him.
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