Junior R

@Red Lion, @ICUMD @Dinar Thanks for the responses...Already own CNR ...Will add CP to the watchlist of potential buys

Canadian Pacific Kansas City Ltd? What is the valuation you have come up with?

added pax

I think we need to see what happens in Jan if people take profits from the gainers ...but agree materials, commodities, real estate , some consumer , health care in USA is cheap

but other countries are also an indicator the economy is slowing...in the US you are packing over extreme PE ratios lol

I think today it has now pulled back all gains from election

lol very interesting .. DOGE wants to automate many things to save cost but Trump doesn't want to at the cost of workers...Will be very interesting term

Lol good one

btw I think Jan there could be a pull back as people take profits in the new year...Followed by a reality check on some companies during the earning season in Jan/Feb

Robi Taxis are also hard to predict unless US is able to bring in sub 10k vehicles from international markets as Tesla and other companies would have to front so much money and then compete with humans for the driving rates...

lol Many stocks dropped today ....

no big move lol

ready to add more on any drawdown that is 10%

they would right now everything with trump is not confirmed even his picks will be intresting to watch

TD is getting under valued now...next year they should have investor day and speak about the new guidance under the new ceo

yeah theres alot of risk market isn't pricing in ...as right now theres a chase to catch the gains lol

don't come at me for this one....but what if the dot.com bubble is the current crypto market where right now none of them are actually making money with no use cases...Maybe couple years down the road it could be used in the real world lol...

also added some joe yesterday and more today thanks @Gregmal

Why does it require shareholders approval? Are they going issue more shares to buy the stake?

It will come but maybe not in Dec

with 3 month tbills paying over 4% in 401k not really a big losses with all the gains people have made after covid..The biggest problem right now is many stocks are trading at forward multiples at a high or multiples never seen before...The real thing is if DOGE makes the government more efficient that is going to increase unemployment ...There has been so many government jobs created in Biden's term what does this do to the economy ...Also every year something gives some great companies a big discount ...APO went to $90 in August from $120 and then recovered

Once you get confirmable with the shift you can also quit...A lot of people are doing this quite quitting while they work on the side hustle...I think in one of the interviews thats what Mohnish Pabrai said he also did...

I think same playbook as 2021 where market peaked end of Dec ..Early Jan...right now everyone is chasing any stock to get good performance for 2024

Markets are up over 6%+ at the index level in Nov alone lol...Even though I think we are overpriced ...I think this could continue into Dec and Jan might be the time where reality kicks in