Couple of years back, I had a rough ride with FFH. This is nothing compared with FFH at that time. I bought FFH at around 140-145, it went down below 100, and came back up and crossed 200. I exited at 200, as I could not bear the volatility. I liked Prem Watsa and was betting on the jockey. Later, when I tried to get in at around 175-180, I never got it at that price. Now I wish I should have never sold that stock.

I think, its not much different in this case too. But I don’t expect the return I would have got from FFH. Sometimes the best time to buy is, when you feel like selling. Buy, hold & look at it after 2 years. I think you will be Ok. In this case too, I am betting on the jokey.