We did quite of bit of adding to existing positions in November and December. We ran down our cash quite a bit to around 5 per cent from 10 to 12 per cent earlier in the year. We added to our U.S. bank stocks as well as to Amazon, Microsoft, Meta and Alphabet.
These stocks were down 30 to 50 per cent [from their highs] in some cases, and the valuations were very compelling. These are valuable and important businesses with long-term durability, and investors were just throwing them out the door. You have to buy when pessimism is deep.We gave up on two investments last year. One was Stanley Black & Decker Inc., which we sold in August. The company didn’t seem to be able to get a hold of its inventory issues. And there were some management changes.
We also trimmed our position in McDonald’s in November. We think it will struggle with rising prices for food and transportation and higher wages. But we still own it.My advice is to focus on why you are investing. What are your objectives? And what’s your timeframe? If your timeframe is anything less than five years, don’t invest money in the stock market. Also, don’t buy ideas – buy businesses. Think about the kinds of companies you want to own long-term and stick with them.
Lots of corps you buy are owned primarily by BlackRock and Vanguard . And they are the top leaches of the world , but what ever floats your boat
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Holiday mess shows why Canadian air travel industry needs competition, Singh saysNDP Leader Jagmeet Singh is calling on the Liberal government to find ways to make the airline industry more competitive Who knew Juggy was a closet capitalist Stop bailing out AirCanada to start No shit
Источник: globeandmail - 🏆 5. / 92 Прочитайте больше »
Holiday travel mess shows why Canadian air travel industry needs competition: NDPNew Democrat Leader Jagmeet Singh says the holiday travel woes that left thousands of passengers stranded at airports or struggling to find flights home show why there should be more competition in Canada's airspace. You are a Fraud. At 1 time the NDP where was the working man's party. No more as proven by truckers Demonstration. Now you are no better than the liberal Criminals that you have Aligned yourself with. CTV and theJagmeetSingh need to vacate Canada. One way ticket out of here. ASAP. How could competition fix the blizzard conditions that for the most part caused the problem?
Источник: CTVNews - 🏆 1. / 99 Прочитайте больше »
Holiday travel mess shows why Canadian air travel industry needs competition: NDP | National NewswatchNational Newswatch: Canada's most comprehensive site for political news and views. Make it a daily habit. Is the NDP suggesting the government should start a new airline or two?
Источник: natnewswatch - 🏆 58. / 59 Прочитайте больше »
Holiday travel mess shows why Canadian air travel industry needs competition: NDPNew Democrat Leader Jagmeet Singh says the holiday travel woes that left thousands of passengers stranded at airports or struggling to find flights home show why there should be more competition in Canada's airspace. Rare ndp W Riiiiight, bring in the likes of Southwest. Yup, that’s the solution. He really needs to just shut up. Relax . 500,000 lndians are coming this year .
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