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Author: brewer12345 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 35392  
Subject: Re: Income Investment Managers Date: 10/21/2010 12:31 PM
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Sorry if I missed something, I thought we were having a discussion about fixed income managers.

Ben

*********************

I was making a snide remark to the effect that Fairfax historically has been a pretty lousy operator in the insurance business, despite their sucess at fixed income.

FWIW, the big nut that Fairfax made was not in an insurance company, but in a holding company. That may not sound like a big deal, but their managers were successful in the context of a portfolio that was largely unconstrained by insurance company regulatory considerations.
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