V. Prem Watsa on Contrarianism

Decision — Took Go Digit public (NSE/BSE IPO). Context: Fairfax-backed insurtech; SEBI RHP on record. Outcome (known): Listed at ₹286 vs ₹272 issue (+5.15%).

Decision — Built Fairfax India platform incl. Bengaluru airport control. Context: Additional-10% acquisition Feb 20, 2025 completed the build to control. Outcome (known): BIAL ownership 74.0%.

Decision — BlackBerry: $4.7B LOI (failed) → $500M debentures → full exit. Context: Consortium LOI Sep 2013; debenture/preferred purchases; take-private never completed. Outcome (known): ~US$200M debenture interest income; full exit Aug 2026 (Globe & Mail).

Decision — Led Eurobank/Greek bank rescue through recapitalization. Context: Largest-shareholder saga documented in ARs and FP coverage. Outcome (known): Recapitalization completed; Fairfax remains anchor shareholder.