Good morning everyone! News is emerging this morning that RIM Board Member and Fairfax Holdings CEO, Prem Watsa, has doubled Fairfax Holdings stake in RIM to the tune of 9.9%, up from 5.1% in January. There is a nice writeup at the Globe and Mail about his doubled investment. That makes Fairfax Holdings the largest known investor in RIM and is making people wonder what he knows that they might be missing. Prem Watsa is definitely putting his money where his mouth is. This larger stake is almost the same as RIM’s founding CEO’s combined as of February where each owned about 5.1%.
BBA Brian ( View Profile) - Posts: