Junior R

FFH, BRO

AI itself isn't a bubble and will allow a lot of companies to save cost ..the users....the buildout is another story and how many LLMs stick around is another question...similar to search...Google has an edge as it already has a lot of data ...Hense why Open AI called code "Red"....Stocks in General are trading at higher multiple then their historical avgs...the question is this the new norm or will it go back to historical norms...Not all stocks... IE. COSTCO historical 20 to 30 PE today around 47 jpm 10 to 12 PE today around 14 ry 12 pe today around 15 pe also if OpenAI is not a major player than some of the companies that invested in DCs will have big write-downs I think apple made google move not spending to much on AI ...eventually they can just put Gemni on apple devices and google to pay them money( billions) but I do believe market is due for a small pull back maybe 5% to 15%

This trades on Frankfurt?

but they have no prior knowledge it is getting added so how would the AP buy it

did anyone calculate the gains on this?

if anything AI will give these brokers another toolkit in the toolbox....There has to be a frontend to this app for the user to plug in the information...If it was easy for the others to do this google would have done this long ago with search

added more bro

its all in the hands of the Fed in a week...Depending on what happens market goes up or down ...if they disappoint this will be a replay of 2018

today I see buyer Morgan Stanley Canada Limited keep buying

same added today as well

added FIH at $15.66 to$15.70

I truly believe something is coming soon no insider trading or buybacks since August ...this could be due to them having some insider news

they can expand mw eat into Canada...They already know the market here so would be good expansion and cross sell some Canadian stuff there

Nice Deck from Apollo Apollo Retirement Services Update 2025 Check slide 12 and 13

added some BRO

That sounds good in theory, but his industrial carbon taxes destroy Canada's competitiveness. Those taxes drive up the cost of producing oil and LNG, which undermines the very revenue source that will fund the green transition. He needs to drop the green mindset to bring in those dollars first. Once the revenue is actually flowing, then he can reintroduce those goal, but trying to force the green agenda right now puts the cart before the horse.

I don't think thats changing Mark Carney has a green mindset... X Video The difference was Europe was trading at a low multiple and made sense ....Many stocks in Canada is now trading at high multiples with a government that has a green mindset when the big neighbour (US) does not...so it will be hard to compete

there has been no insider buying or selling / or buybacks since Aug 3 2025...Maybe this is going happen sooner then later as you would have saw at least one insider buy even 175 shares like Ben did before...Since its significant insider news prob thats the hold...

I don't think they would put hedges on like that again

holding APO as long as Mark Rowan is there...Good CEO...Good company AUM has grown in the last 5 years ....but with asset managers they fluctuate so some times you might have to wait couple years for it to play out... OWL is a good buy now there AUM growth since going public has been crazy...A lot of bad publicity over the obdc merger but should pass @Red Lion I think apo/kkr and FFH has better ability to compound their balance sheet for next 20 years....brk problem is rule of large numbers

I plan to add for quick trade soon

@Parsad did you convince FFH to buy LULU lol

good point...the 2% div would give this a higher multiple (as much as it sounds stupid)...TSX Investors are highly weighed towards Dividends