News

Top 10 Observations: Week of May 3rd, 2024

By July 31, 2024 No Comments

Hello ,

 

The top ten kicks off with market update from Jim Thorne. Jim starts off sharing this quote. ‘Those who fail to learn from history are condemned to repeat it.’ – Sir Winston Churchill

 

Doomberg sheds light on China’s aspirations to dominate the semiconductor sector, drawing parallels with their success in Solar Panels and EVs. https://newsletter.doomberg.com/

 

Howard Marks offers invaluable insights into investment strategies, urging readers to refine their approach amidst the overwhelming focus on big tech names.

 

Warren Buffett shares inspiring anecdotes of entrepreneurs who built thriving companies with minimal capital, emphasizing the potential for Canadians to embark on entrepreneurial endeavors.

 

Celebrating a milestone in Canada’s energy sector, the completion and launch of the Trans Mountain expansion mark a significant achievement, acknowledging the efforts of Ian Anderson and the dedicated workforce involved.

 

Hedge Funds are having a tough time these days and CNBC describes the many reasons why.

 

Bloomberg reveals the unexpected beneficiaries of AI advancements: utility companies in the US emerge as silent victors.

Reflecting on the challenges of hosting major events, the City of Vancouver is learning about the escalating security costs associated with global spectacles like the FIFA games. What is scary is that FIFA is now in control of the event and further costs.

 

Scott Galloway’s latest publication, “The Algebra of Wealth,” offers a thought-provoking exploration into financial principles, complemented by a concise podcast overview. Scott’s book is at the top of the charts and a great gift idea to help young people with their finances.

 

Lastly, a captivating podcast featuring Jerry Seinfeld offers a glimpse into his directorial role in an upcoming Netflix film, sharing anecdotes about working with Hugh Grant and dissecting the state of television comedy. Jerry explains that there is a reason why comedy is not funny anymore on TV. Late Night TV needs help as well.

 

Good luck to the Canadian teams tonight.

 

Kind regards , David

Number 4- Warren Buffett Leaves The Audience SPEECHLESS | One of the Most Inspiring Speeches Ever

http://The American Left | Official Trailer DVD Promo YT v2 (youtube.com)

Warren talks about two companies with only about $2,500 grew to industry leaders. One in the furniture business and the other in car rental.

It is an inspirational talk that might push Canadians to start their own business at a time when there are so many roadblocks.

Number 9- The Formula for Wealth (with Scott Galloway)

https://podcasts.apple.com/ca/podcast/the-formula-for-wealth-with-scott-galloway/id1265845136?i=1000653888802

Scott Galloway is an entrepreneur, professor of marketing at NYU Stern School of Business, podcaster, and author. In his fifth and latest book, The Algebra of Wealth: A Simple Formula for Financial Security, Galloway shares insights on how to succeed in the United States’s current economic system. Galloway joins Preet to discuss how to build wealth, the difference between being rich and being wealthy, and the importance of investing in relationships 

Number 10-Jerry Seinfeld on Making a Life in Comedy (and Also Pop-Tarts)

https://podcasts.apple.com/ca/podcast/the-new-yorker-radio-hour/id1050430296?i=1000653717914

The comedian could have retired decades ago, but he continues to hone his craft onstage, and at age seventy he’s directed his first feature film, “Unfrosted.”

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.

 

Schneider Wealth Management is a trade name of Aligned Capital Partners Inc. (ACPI)* –  ACPI is regulated by the Investment Industry Regulatory Organization of Canada (www.iiroc.ca) and a Member of the Canadian Investor Protection Fund (www.cipf.ca). David Schneider is registered to advise in securities and/or mutual funds to clients residing in British Columbia, Alberta, Manitoba  and Ontario. This publication is for informational purposes only and shall not be construed to constitute any form of investment advice. The views expressed are those of the author(s) and may not necessarily be those of ACPI. Opinions expressed are as of the date of this publication and are subject to change without notice and information has been compiled from sources believed to be reliable. This publication has been prepared for general circulation and without regard to the individual financial circumstances and objectives of persons who receive it. You should not act or rely on the information without seeking the advice of the appropriate professional. 

 

Investment products are provided by ACPI and include, but are not limited to, mutual funds, stocks, and bonds. Non-securities related business includes, without limitation, fee-based financial planning services; estate and tax planning; tax return preparation services; advising in or selling any type of insurance product; any type of mortgage service. Accordingly, ACPI is not providing and does not supervise any of the above noted activities and you should not rely on ACPI for any review of any non-securities services provided by Schneider Wealth Management. Any investment products and services referred to herein are only available to investors in certain jurisdictions where they may be legally offered and to certain investors who are qualified according to the laws of the applicable jurisdiction. The information contained does not constitute an offer or solicitation to buy or sell any product or service. Past performance is not indicative of future performance, future returns are not guaranteed, and a loss of principal may occur. Content may not be reproduced or copied by any means without the prior consent of the author and ACPI.