Hello
This week’s top ten touches on many areas and I start with the wisdom with Howard Marks. At a time when a basket of tech stocks has dominated the headlines and returns and with the explosion of AI, I thought it would be good to share Howard’s outlook and helpful reminders to investors.
Investors are always interested in what Warren is buying and selling and the latest Berkshire report came out. Interestingly, they are adding significantly to two energy positions.
It is important that we get it right as the Financial Post shows how we have lost $225 Billion in foreign investment since 2016.
The latest commentary from Steve Saretsky is included, and he showcased that Sam Cooper piece that highlighted the foreign buying in many markets in Canada.
On the EV side, a good piece from the WSJ showcased how the industry has turned. I also added the challenges that P.E.I. bus drivers have been facing with their EV fleet.
YYJ changed their security provider a couple years ago and CHEK News broke a story about several people getting fired. The Commissioners used to be a big part of the airport and like many say : “you get what you pay for”.
Yes, it is strange time we are living in, and some industry friends have pointed me to the book “The Fourth Turning”. My friend who read the book shared this:
‘A Turning is essentially a generation. The four Turnings are the High, the Awakening, the Unraveling, and the Crisis. We’re in the Fourth Turning, the Crisis, and there is then a reset. There will be opportunities within the Crisis and there will then be a new High as a new First Turning after the reset. They are four repeating socioeconomic phases.’
A unique story from VF that gives you a different look at Saudi Arabia. It involves the ‘bromance’ of Johnny Depp and MBS.
With the Super Bowl on, the amazing win by Nick Taylor was missed by many. I included the highlights of the closing holes and the playoff and a tweet that shows that family and friends were there to cheer and then congratulate him. Born in Winnipeg and then moved to Abbotsford at a young age. He then attended the U of Washington.
Have a great weekend.
David
We hope you found the Top Ten interesting this week, and are looking forward to another selection of articles, stories, and commentary next week. If you know of anyone else who would be interested in receiving our weekly note, please let me know.
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