Canada's Warren Buffett, Prem Watsa of Fairfax Financial (FRFHF.PK), has taken a large stake in...

|About: Fairfax Financial Holdings ... (FRFHF)|By:, SA News Editor
Canada's Warren Buffett, Prem Watsa of Fairfax Financial (FRFHF.PK), has taken a large stake in troubled Canadian company Research in Motion (RIMM +2.6%). Watsa is known for betting against financial firms (and making billions) ahead of the financial meltdown and taking Fairfax from $4/share in the mid-1980s it to more than $400/share today. (submitted by Devon Shire)