Author Topic: What's Cooking at Thomas Cook (India)  (Read 3521 times)

Nnejad

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What's Cooking at Thomas Cook (India)
« on: March 03, 2014, 09:24:44 AM »
http://business.outlookindia.com/article_v3.aspx?artid=289651

EDITOR’S NOTE
Greater Than The Parts
How Fairfax’s investee companies in India fit together and how they intend to grow independently while also benefiting from each other

Toronto-based financier Prem Watsa has established himself as an astute investor and has a track record to prove it. While the investment style of Fairfax Financial Holdings mirrors that of market legend Warren Buffett’s Berkshire Hathaway, there is one key difference. Buffett has shied away from making investments in India. Even his brief entry into the Indian general insurance market through a corporate agency was eventually wound-up. Watsa’s Fairfax, on the other hand, has made a major investment in each of the past three years.

Watsa is replicating his holding company model in India through Thomas Cook and that provides an opportunity for Indian investors who subscribe to his investment philosophy. Our cover story this issue tries to understand how Fairfax’s investee companies in India fit together. Thomas Cook, itself a powerful brand in the travel space, has bought two companies that have the potential to grow with capable managers steering them. How these three companies intend to grow independently while also benefiting from each other is the focus of our story that starts on page 44.


I think this is the link to the article. I'll probably cave and pay the 99 cents for the digital issue.

http://business.outlookindia.com/article_v3.aspx?artid=289664


JEast

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Re: What's Cooking at Thomas Cook (India)
« Reply #1 on: March 26, 2014, 09:00:52 AM »
One of the better, if not best, articles I have read explaining part of the hidden story on Fairfax via Fairbridge Capital (the investment arm into India).

Cheers
JEast

Grenville

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Re: What's Cooking at Thomas Cook (India)
« Reply #2 on: March 26, 2014, 09:12:45 AM »
It's free now for me.

giofranchi

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Re: What's Cooking at Thomas Cook (India)
« Reply #3 on: March 26, 2014, 09:30:13 AM »
One of the better, if not best, articles I have read explaining part of the hidden story on Fairfax via Fairbridge Capital (the investment arm into India).

Cheers
JEast

+1

Thanks for posting, Nnejad! :)

Gio
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ourkid8

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Re: What's Cooking at Thomas Cook (India)
« Reply #4 on: March 26, 2014, 09:40:55 AM »
Has anyone bought into Thomas Cook India directly or playing it via Fairfax?

Tks,
S

wisdom

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Re: What's Cooking at Thomas Cook (India)
« Reply #5 on: March 26, 2014, 10:40:52 AM »
You cannot invest directly in stocks in India unless you are an Indian.