| name | watsa-insurance-float |
| description | Use when evaluating Prem Watsa / Fairfax-style value investing: insurance float, contrarian allocation, special situations, and conservative downside-focused capital allocation. |
| invest | ./invest.md |
Watsa Insurance Float Value
Use this skill to apply Prem Watsa-style judgment.
When To Use
Use this skill when the user asks for:
- insurance float analysis
- Fairfax-style capital allocation
- contrarian value with insurance engine
- float-driven compounding
Trigger phrases include Watsa, Fairfax, insurance float, contrarian value, float compounding.
Do Not Use When
- The setup is outside this model's universe and another investor skill fits better.
- Critical data is missing and the model requires it.
- The user wants guaranteed returns or unbounded leverage.
- The request is only generic market chatter with no decision.
Inputs Needed
- Asset, portfolio, theme, or market context
- Relevant financial, market, regime, or structural data
- Time horizon and risk constraints
- Current price/valuation or portfolio weights if sizing is requested
Process
- Assess insurance underwriting and float quality.
- Map capital allocation opportunities across equities, credit, special situations.
- Demand margin of safety and downside protection.
- Measure progress by book/intrinsic value compounding.
Output Format
# Watsa Insurance Float Value View: [Subject]
## Verdict
Own / Add On Fear / Hedge / Float Impaired / Pass
## Setup / Thesis
## Evidence
## Risks
## Action Plan
## Invalidation
## Missing Data
Guardrails
- Do not force a trade when filters fail.
- Do not ignore risk, liquidity, or regime constraints.
- Do not mix this model with another unless comparison is requested.
- Separate facts, assumptions, and judgment.
Questflow Use
In Questflow, this skill is best used as a judgment module for Funds, research workflows, monitoring, and risk-aware decision support.
