In late September 2015, Canadian investor Prem Watsa gathered 75 or so employees and their spouses at Costa Navarino, a luxurious seaside resort in the Peloponnese, to mark his company’s 30th anniversary.
Greece was perhaps a peculiar choice to fly people in for a celebration. The country had just spent eight months in the global spotlight as a tense standoff with its creditors had pushed it to the brink of a potentially chaotic default and exit from Europe’s currency union, the euro. But that year alone, Watsa’s firm, Fairfax Financial Holdings, had increased its positions.
www.bloomberg.com
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