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longlake95

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Everything posted by longlake95

  1. Added to HTL. A gift from the financial gods.
  2. Channeling Dazel - added to my already big position in SNC.
  3. The hypocrisy, regarding ESG and energy, in the general public and some in the investment community is nauseating. Everyone is piling on carbon based energy like it’s a armageddon’s little brother. So the narrative is sell anything energy cuz it’s bad....but those same people generally won’t or haven’t change there own consumption of energy, even though “options” exist. But it’s ok to own anything techy, like an Apple....not willing to admit these devices use a ton of specialty metals, that people dig giant holes in the ground to harvest, sometimes with child labour...think the DRC... Oh but wait.... you have to own anything EV/solar related, that’s the future! Oh but wait, EV’s use 4x the amount of copper that a ICE vehicle uses...wind and solar use a ton of copper...so let’s go dig more holes in the ground cuz we need lots of copper...that’s ok though... The whole thing is whacked. How about we incentivize the private sector through the profit motive, to allow the use of ALL resources (carbon based or not) in a MUCH cleaner sustainable way. It’s arrogant to sit here In Rich Western countries and poo-poo oil and coal. If you were trying to keep your family warm or cool in Bangladesh and have some electricity to educate your children you wouldn’t and shouldn’t give a rats ass about ESG. Poor countries deserve cheap stable energy like we have enjoyed for 200 years. Rant over.
  4. Yes, he was/is shacked up with his current wife - Astrid, to which he didn't marry until several YEARS after Suzy passed. In fact, I read in a book, that Suzy asked Astrid to move in a "look after" him. Remember, WEB can hardly boil water - imagine him adding salt to the water softener? Also, there was nothing shady, shifty or dis-honest about the whole thing - his kids blessed it! So again, WEB really is careful about his reputation.
  5. unfair. your judging with the benefit of 20/20 hindsight. Buffett didn't know/couldn't control Sokol buying Lubrizol stock then walking into his office to say BRK should buy Lubz... as for Gates, I would like to reserve judgment until we have some facts from reputable sources...that being said, again, I doubt WEB and Gates were sitting on the back deck discussing anyone's extra-curricular activities. I do really think Buffett has proved time and time again that he really operates above the crowd when it comes to authenticity and conduct.
  6. ya, I didn't clarify, I just meant you can buy domestic stocks with little or no commission with several US firms. Just highlighting how far behind we are in Canada - Snow Mexico.
  7. it's really quite sad, considering you can buy stocks with NO commissions if you live in the USA, with Schwab, TD Ameritrade, Fidelity, etc... We are just so far behind.
  8. Just pray you find a foreign stock that has an ADR...lol In fairness and full disclosure, you can use IKBR, but as previously noted they are limited as to which accounts you can hold foreign stocks. So I guess we are roaring into the 1960's
  9. welcome to Canada's financial system, roaring into the 1950's. I use CIBC Edge, they charge around $200 to buy on a foreign exchange.
  10. This past year has been very hard on many. Very sad to hear this news. Mental health doesn't get the attention it obviously deserves. RIP Charles
  11. try TIKR.COM not sure if it will meet your needs. I have no affiliation with TIKR, other than I use the basic service.
  12. I basically don't trade much...do you mean level II quotes and such? I don't need any of that.
  13. Thanks KC. I see they charge a quarterly fee for RRSP accounts...that could add up, with several accounts...I wonder if they waive fees if you bring over a certain amount of $$$.
  14. seriously thinking of moving everything to IKBR (Canada). Those of you using IKBR in Canada, can you easily connect your IKBR accounts with your regular bank account? Any issues moving $$$ back an forth? Can you participate in the securities lending, for extra yield, with IKBR in Canada? Can you hold an RESP at IKBR ( haven't seen reference to that type of account at IKBR )... I see the margin rates ( not like I use a ton of leverage...however ) are like half of what I'm currently paying... Overall, are you happy with them?
  15. Met him a few times at The Hamilton airport. He was a class act. Very down to earth. RIP Walter
  16. Bill Gates always looks like his mind is in overdrive...man he is switched on. The best part is that he is putting that brain power towards the betterment of humanity.
  17. you are the analyst. Do your own projections. Know the company better than the "analyst". If you owned a Mc Donalds franchise and had to present to a bank for a loan, would you use anyone else's projections? Don't be too conservative or aggressive, just try to be as right as possible...make up for the error(s) which WILL happen by applying the margin of safety concept.
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