Fairfax began after you had already started Hamblin Watsa Investment Counsel. Would you please tell us about how you started Hamblin Watsa?
Hamblin Watsa Investment Counsel opened its doors in 1984. After working as an investment analyst and money manager in large organizations, I teamed with my former boss from Confederation Life, Tony Hamblin, to start our own investment manager where we could run our business and manage money in our own style, answering only to our clients.
Corsair Capital was down by about 3.5% net for the third quarter, bringing its year-to-date return to 13.3% net. Corsair Select lost 9.1% net, bringing its year-to-date performance to 15.3% net. The HFRI – EHI was down 0.5% for the third quarter but is up 11.5% year to date, while the S&P 500 returned 0.6% Read More