Prem Watsa Ignores Wilbur Ross, Remains Long Bank of Ireland

What happens when one of your respected friends goes against your investment advice?  If you are Fairfax Financial (TSE:FFH) (OTCMKTS:FRFHF) Chief Executive Prem Watsa, you stick to your guns.

Watsa and Ross purchased together
On Monday Watsa’s investment buddy, Wilbur Ross, announced he was selling his exposure to the Bank of Ireland (ADR) (NYSE:IRE).  Watsa, which . . .


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