It is said that Prem Watsa  is a big fan of Warren Buffett and follows his approach in building Fairfax Financial. Buffet is renowned for making large company purchases at a healthly discount to intrinsic value.

One of his major precepts is never buying a company in a businesses he didn't understand which included most if not all the tech sector.

Thinking about Mr.Watsa's most recent purchase. I wonder if he shouldn't have heeded his mentor's advice.