Fairfax Financial Holdings‘ recently published its 2018 Annual Letter, in which its founder and CEO, Prem Watsa, discussed his latest thought on several companies from its 13F portfolio. You can download a copy of the letter – here. Among those stocks was Resolute Forest Products Inc. (NYSE:RFP), for which Prem Watsa said that it has been a lousy investment for a while.
We have invested $791 million in Resolute and received a special dividend of $46 million, for a net investment cost of...
