Elliott Wave Analysis of Fairfax Financial Holdings
7 March 2011
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Fairfax has a great story to tell ( thanks to my friend Deepak Shenoy, whose post in Capital Mind alerted me to this stock). FFH has reported compound growth in book value of 24.7% over 25 years.. wow! should I buy that stock now? | |
I would urge some patience, even if you plan to hold this until your granchild goes to college. Take a look at the chart, and it has some interesting observations. Elliott Wave Principle does come up with some interesting stuff, at least in hind sight, sigh! | |
-Ramki | |
Want to go further with global markets? The impulse and correction chapters of Five Waves to Financial Freedom, the same tools used globally, including this market walks through it with real trades and real numbers, not textbook theory.