Fairfax Financial's Prem Watsa Buys Kraft Foods Inc., Intel Corp., General Electric Company and Wells Fargo & Company, Sells NewMarket Corp.

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Feb 18, 2009
Prem Watsa, CEO of Fairfax Financial Holdings Ltd., was named Investment Guru of 2008 by GuruFocus users, is in buying mode. Back in December he said he has removed hedge is Fairfax equity portfolio. He bought in many new positions, and added to the exist ones, and only sold one. These are the details.


Prem Watsa buys Kraft Foods Inc., Intel Corp., General Electric Company, Magna International Inc., Wells Fargo & Company, Alcoa Inc., Burlington Northern Santa Fe Corp., Gannett Co. Inc., The Progressive Corp., Viacom Inc., Wesco Financial Corp, sells NewMarket Corp. during the 3-months ended 12/31/2008, according to the most recent filings of his investment company, Fairfax Financial Holdings, Inc.. Prem Watsa owns 44 stocks with a total value of $5.2 billion. These are the details of the buys and sells.


New Purchases: AA, BNI, GCI, GE, INTC, KFT, MGA, PGR, VIA-B, WFC, WSC,

Added Positions: CRESY, DELL, ICO, JNJ, LVLT, MHK, RYAAY, SD, USG, ZNT,

Sold Out: NEU,


For the details of Prem Watsa's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Prem+Watsa