Benjamin Watsa - Fairfax Financial Director

FFH Stock  CAD 1,986  12.42  0.63%   

Director

Mr. Benjamin P. Watsa serves as Director of Fairfax Financial Holdings Limited. Mr. Watsa is the President of Marval Capital Ltd. and a subadvisor to Lissom Investment Management Inc. Mr. Watsa was actively engaged in the investment industry for 18 years. He currently manages global small and midcap. investments through pooled funds and a separately managed account using a concentrated, conservative, longterm value approach. Prior to working in the investment management industry, Mr. Watsa spent five years in New York as an investment banker in the Financial Institutions Group at Banc of America Securities and at Cochran Caronia Waller. Mr. Watsa serves as a director of Dalton Kizuna Fund Ltd. and Dalton India Fund Ltd., sits on the advisory board of Impression Ventures, and serves as a director and Vice Chair of the Investment Committee for the Rideau Hall Foundation which supports the Office of the Governor General of Canada since 2015.
Age 40
Tenure 9 years
Address 95 Wellington Street West, Toronto, ON, Canada, M5J 2N7
Phone416 367 4941
Webhttps://www.fairfax.ca
Watsa holds a BA from Hillsdale College and a Chartered Investment Manager designation and is registered with the Ontario Securities Commission as a Portfolio Manager.

Fairfax Financial Management Efficiency

The company has return on total asset (ROA) of 0.0418 % which means that it generated a profit of $0.0418 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1698 %, meaning that it generated $0.1698 on every $100 dollars invested by stockholders. Fairfax Financial's management efficiency ratios could be used to measure how well Fairfax Financial manages its routine affairs as well as how well it operates its assets and liabilities. As of the 2nd of December 2024, Return On Tangible Assets is likely to grow to 0.05. Also, Return On Capital Employed is likely to grow to 0.36. At this time, Fairfax Financial's Return On Assets are very stable compared to the past year.
Fairfax Financial Holdings has accumulated 10.8 B in total debt with debt to equity ratio (D/E) of 0.39, which is about average as compared to similar companies. Fairfax Financial has a current ratio of 1.82, which is within standard range for the sector. Debt can assist Fairfax Financial until it has trouble settling it off, either with new capital or with free cash flow. So, Fairfax Financial's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Fairfax Financial sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Fairfax to invest in growth at high rates of return. When we think about Fairfax Financial's use of debt, we should always consider it together with cash and equity.

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Fairfax Financial Holdings Limited, through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, Asia, and internationally. Fairfax Financial Holdings Limited was incorporated in 1951 and is headquartered in Toronto, Canada. FAIRFAX FINANCIAL operates under InsuranceProperty Casualty classification in Canada and is traded on Toronto Stock Exchange. It employs 15891 people. Fairfax Financial Holdings (FFH) is traded on Toronto Exchange in Canada and employs 30 people. Fairfax Financial is listed under Property & Casualty Insurance category by Fama And French industry classification.

Management Performance

Fairfax Financial Leadership Team

Elected by the shareholders, the Fairfax Financial's board of directors comprises two types of representatives: Fairfax Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fairfax. The board's role is to monitor Fairfax Financial's management team and ensure that shareholders' interests are well served. Fairfax Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Fairfax Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
Lauren Templeton, Independent Director
Ronald Schokking, Vice President Treasurer
Brandon Sweitzer, Independent Director
Sammy Chan, Pres Asia
Robert Gunn, Independent Director
Peter Clarke, Chief Operating Officer, Vice President
Bruno Camargo, President Brasil
Benjamin Watsa, Director
R McFarland, Independent Director
David Johnston, Director
Bryan Bailey, Vice Tax
Michael Wallace, VP Operations
Prem Watsa, Chairman Founder
Anthony Griffiths, Lead Independent Director
Bradley Martin, Vice President - Strategic Investments
Khaled Hasan, Group Insurance
Jennifer Allen, Chief Financial Officer, Vice President
Andrew Barnard, President Group
Jennifer CPA, VP CFO
Karen Jurjevich, Independent Director
Timothy Price, Independent Director
Paul Adamson, Chief Gulf
Jean Cloutier, Vice President - International Operations
Derek Bulas, Associate Legal
John Varnell, Vice President - Corporate Development
Vivan Watsa, Chairman of the Board, Chief Executive Officer
Christine McLean, Director
Vinodh Loganadhan, Vice Services
Eric Salsberg, Vice President - Corporate Affairs, Corporate Secretary
John CPA, Vice Development

Fairfax Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Fairfax Financial a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Fairfax Financial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Fairfax Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Fairfax Financial will appreciate offsetting losses from the drop in the long position's value.

Moving against Fairfax Stock

  0.52SCD Scandium CanadaPairCorr
  0.5LCX Lycos EnergyPairCorr
The ability to find closely correlated positions to Fairfax Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fairfax Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fairfax Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fairfax Financial Holdings to buy it.
The correlation of Fairfax Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fairfax Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fairfax Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Fairfax Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Fairfax Stock

Fairfax Financial financial ratios help investors to determine whether Fairfax Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fairfax with respect to the benefits of owning Fairfax Financial security.