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Fairfax May Hold Wells Fargo, US Bank for Another 5-to-10 Years

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April 26 (Bloomberg) -- Fairfax Financial Holdings Ltd. may hold investments in Wells Fargo, US Bancorp and Johnson & Johnson for the next “five to 10 years,” Chief Executive Officer Prem Watsa said.

“Their earnings could double,” Watsa said at Fairfax’s annual meeting of shareholders in Toronto.

Link to Company News:{FFH CN <Equity> CN <GO>} Link to Company News:{JNJ US <Equity> CN <GO>} Link to Company News:{USB US <Equity> CN <GO>} Link to Company News:{WFC US <Equity> CN <GO>}

To contact the reporter on this story: Sean B. Pasternak in Toronto at spasternak@bloomberg.net

To contact the editor responsible for this story: Will Daley at wdaley2@bloomberg.net

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