The man riding to BlackBerry's rescue

Prem Watsa, the man some call Canada's Warren Buffett, is on a mission to rescue BlackBerry. But is his confidence misplaced?

As soon as Prem Watsa stepped down from Blackberry's board in August, speculation that he would launch a bid for the troubled smartphone maker started to swirl. Six weeks later, the man some call Canada's Warren Buffett has delivered, beginning a rescue project he once said could take four or five years.

Just over a year ago, Watsa said BlackBerry was a "Canadian success story," a good buy and a likely turnaround story even though its market share was tumbling.

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