Wednesday, May 7, 2014

Ridley Inc: Why Value Investing Requires Patience RCL.TO FFH

Back in 2010, I made a quick showcase about an obscure canadian company that was purchased by FairFax Financial Holdings called Ridley Inc.

The stock has experience a huge surge since then but unfortunately I sold for very short term gains after the share price climbed from $7 to $10. Now it stands at an astonishing $25.89 after market close on May 7th 2014 as can be seen on the chart below. On top of it all the company paid $5.5 in dividends over the same period.

Did you miss out on it as well?

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