Hello
I start the top ten with some wisdom from Warren Buffet and his heart-warming tribute to his partner, Charlie Munger. (attached)
I then added Jim Thorne’s recent piece in the G&M, and he reminds investors that complacency is a big issue out there.
The team at G&R explain that oil assets the ones are to own and a piece from Mauldin Economics showcase why energy demand will explode. And guess where it will mostly come from.
The Financial Post followed up on that NBF piece that I shared last week. It relates to how Canada could be so helpful in this energy transition.. Industry has been saying for many years that policies must look at the whole global picture and this article highlights just that.
Real Estate is top of mind and Kim Moody does not agree with all these tax measures to solve the issues. Steve Saretsky also weighs in on the ‘Flipping Tax” in his weekly piece. I don’t think I ever seen such a mess that so much has been created by government.
The CBC provided two great articles and the first one was an in-depth piece on the international students issue as it relates to housing. As they say “Governments of all stripes actively pursuing international students both to shore up the skilled workforce and to bring hefty revenues into underfunded colleges and universities, with little regard for the ensuing demand for housing.”
The next piece relates to a discussion on whether our big pension funds should help finance the energy transition. The article highlights how the people at AIMCo feel about that.
Finally, this Thursday marks the 14th anniversary of Sid’s Golden Goal. Sid reminds me of Brady and Federer with a youthful look that never goes away and I included a link showcasing the goal with 16 different telecasts.
David
PS…I had to share this clip from the Alberta Premier that took place this week. It is so good to see a leader not engaging in ‘fantasy thinking’. When you introduce facts to the discussion, the ECO crazies go silent.
http://WATCH: Smith tears down heckler at climate confab (westernstandard.news)
Number 3-G&R-From Univestibale to Must Own (attached)
True industry insiders are all telling you to buy oil assets. The public market remains paralyzed with fear. Investing in the uninvestible requires a contrarian outlook and a strong stomach. However, we believe the benefits are well worth the risk.
Number 5-Canada Could Cut Entire co2 emissions
If our policymakers are serious about limiting the impacts of global warming and promoting economic reconciliation with our First Nations, there is a compelling and pragmatic business case for Canada to help the planet by working with India to limit its carbon emissions, given that renewable energies will not be easily deployed there by 2030,” said Sidhu and Marion.
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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