Not to over analyze this, but:
Can we make the statement that of all the investments that Prem has done either personally or through FFH in the past decade, this one has a high chance of success with risk-reward tilted toward the upside and with good margin of safety, I.e a classical B Graham deep value type, in a world where that framework seem antiquated.
Maybe bank of Ireland come close. Though that was before I was following FFH so I wouldn’t know much of it.
Atlas/Seaspan I see that more as a growth investment and not Grahamiah type.
