Prem Watsa, the Indian-born billionaire whose Fairfax Financial made a bid to buy BlackBerry today, has acquired a sort of legendary status. It began with the rags-to-riches tale of a young student who turned his back on chemical engineering school, eventually becoming one of Canada's wealthiest investors. It grew when in 2007, he correctly predicted that the subprime mortgage market would collapse. And it reached a peak with his bold bet on the ailing Bank of Ireland, a move that paid of handsomely.
via The Verge - All Posts http://www.theverge.com/2013/9/23/4762924/prem-watsa-blackberry-buyout-private-fairfax-financial
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