Hey all, I've been recently seeking long-equity positions for an endowment fund, and found what seems to be a "quiet-compounder" that is FFH.
From what I know, FFH is essentially a cloned philosophy of BRK, being an asset-heavy cap allocator using gains or float from a pool of insurers toward Prem Watsa's investor sentiment and long-term plays. Based on the 5Y MVPS growth and P/B metrics considering relative valuation, FFH is to an extent still undervalued but running thin on that assumption. The recent announcement in the small increase to their DPS tells me they are confident in their CFLOs, which could be a fair indicator to the firm's present value foundation.
What do you guys know about FFH and its projected incline/decline? Is this a stock worth going long and holding for the long-term? I really don't hear much and find even though its market cap position is impressive, it gets in the news every now and then. Tell me all you know!