Ugh. I know Fairfax VERY well. Prem Watsa is often called Warren Buffett of the North, and he may very well be. He's a great investor, and has done VERY well in investing the float of their insurance business. But, BUT, I think he's way in over his head here. Buffett himself will not touch technology companies, or businesses he doesn't understand. He has also said the technology world is way too competitive, and that there is hardly a "moat" that can protect a business from competition, etc... I don't understand why Prem is going after Blackberry. It is clearly in one of the most competitive spaces in technology, and there is no good crystal ball to see what the future holds. I mean, for every Apple, there are lots of companies like US Robotics.

It is why I shy away from technology companies with my investments.