Is Prem Watsa Cashing in on BlackBerry?

By now you've probably heard that Fairfax Financial, the insurance giant headed by value-investing legend Prem Watsa, has entered into a deal to buy struggling Canadian smartphone maker BlackBerry (NASDAQ: BBRY  ) .

Watsa has one of the most distinguished investing track records this side of Warren Buffett by shrewdly buying undervalued stocks on the down and out. As the CEO of BlackBerry's largest single shareholder -- and the chairman of BlackBerry's board until recently, stepping down to avoid potential conflicts with the buyout -- it's fair to say that Watsa knows BlackBerry better than just about anyone out there.

And while BlackBerry's struggles are undeniable, Watsa's deep expertise and investing acumen also can't be overlooked. In this video, Fool contributor Andrew Tonner looks at BlackBerry's potential valuations to see just how great a deal Watsa might be getting.

More on mobile
Even with BlackBerry slowly fading from the smartphone scene, today's biggest tech titans will continue to invade one another's turf to cash in on the trillion-dollar revolution under way in mobile. To find out which of these giants is set to rule the next decade, we've created a free report called "Who Will Win the War Between the 5 Biggest Tech Stocks?" Inside, you'll find out which companies are set to dominate, and we'll give in-the-know investors an edge. To grab a copy of this report, simply click here -- it's free!


Read/Post Comments (0) | Recommend This Article (3)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2652420, ~/Articles/ArticleHandler.aspx, 10/22/2014 12:07:55 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Apple's next smart device (warning, it may shock you

Apple recently recruited a secret-development "dream team" to guarantee its newest smart device was kept hidden from the public for as long as possible. But the secret is out. In fact, ABI Research predicts 485 million of this type of device will be sold per year. But one small company makes Apple's gadget possible. And its stock price has nearly unlimited room to run for early-in-the-know investors. To be one of them, and see Apple's newest smart gizmo, just click here!


Advertisement