Wednesday, January 22, 2014

Value Investor Watsa

MUMBAI: Prem Watsa is often called the Warren Buffett of Canada. And, this long-time believer in value investing has great faith in India's entrepreneurs and the country's economic potential, which is why he plans on putting more money into companies here.
The Hyderabad-born chairman of Canada's Fairfax Financial Holdings reiterated in an interview to ET that Thomas Cook, purchased in 2012, will be the vehicle for all acquisitions in India. Watsa, whose famously against-the-grain investments include the Bank of Ireland, BlackBerry and property in Greece, is clear about why he thinks Indian companies are a good bet.

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