Some material to ponder about Fairfax results (up 31% this year) and whether Prem knows what he's doing.
BlackBerry Ltd: Why Fairfax Financial Holdings Ltd can afford to lose on its bid | Financial Post
By the way, some quick math tells me his supposedly $17 average drops to a mere $12 if the board switches to a better offer after Nov 4, when the break fee climbs to $262M. If anything puts a bit of a cap on things, I think that's it, but it's still decently above $9. Fairfax would (have to) vote in favour of it, and I suspect enough other shareholders would that it would go through... unless Mikey can scare up enough support for something beyond that.