Prem Watsa is one of Indian-Canada's most prominent billionaires. He has been called the "Canadian Warren Buffett". He was awarded with Padma Shri, one of India's highest civilian honors in January 2020. He was born in India in 1950. He received his Master of Business Administration at the University of Western Ontario.
Prem Watsa, renowned investor and founder of Fairfax Financial Holdings, has concentrated his stock investment portfolio in a few key areas. Micron Technology Inc., an industry leader in memory and storage solutions, represents the largest share at 29.4%, suggesting strong confidence in the tech sector's growth potential. Occidental Petroleum Corp., a major player in hydrocarbon exploration, forms the second-largest holding at 25.5%, showing a significant investment focus on energy resources. The third position is held by Orla Mining Ltd with 9.2% of the portfolio, revealing a strategic bet on the precious metals and mining industry.
BlackBerry Ltd, once a smartphone pioneer, now specializes in cybersecurity and software, accounting for 8.7% of Watsa's investments. This implies a belief in the company's reinvention and market niche in technology. Finally, real estate investment firm Kennedy-Wilson Holdings Inc occupies 6.8% of the portfolio, indicating interest in property-related financial endeavors. Overall, Prem Watsa's top five stock investments showcase a diversified approach, covering various sectors from technology to natural resources and real estate, reflecting both traditional and modern angles within his investment strategy.
