He has been conservative in his investments over the last few years for sure , yes! However he has pledged to change that and set the bar lower for a 'stable' economy. So, the ship will right itself with a company like this . One interesting point is with FIH.U ( Fairfax- INDIA) he has led the pack with his bullish outlook. the little brother of FFH , but he took a different tac. Performance has been stellar !