-
Canadian Natural Resources Limited (CNQ $67.49)
-
Brookfield Corporation Class A Limited Voting Shares (BN $53.89)
Q: Good morning and thank you for your amazing insights these days .
Question regarding CNQ and BN. Two completely different sectors, but given the appreciation in CNQ in recent weeks, and the corresponding pressure in BN, I have been slowly taking some CNQ off and moving more into BN. Both are core holdings for me, but your conviction with BN is impressive and I just think it is foolish to not take small gains off the table and move more to BN on the view that this too shall pass - for both companies.
Crazy or a fair approach so long as measured?
Question regarding CNQ and BN. Two completely different sectors, but given the appreciation in CNQ in recent weeks, and the corresponding pressure in BN, I have been slowly taking some CNQ off and moving more into BN. Both are core holdings for me, but your conviction with BN is impressive and I just think it is foolish to not take small gains off the table and move more to BN on the view that this too shall pass - for both companies.
Crazy or a fair approach so long as measured?
5i Research Answer:
We think this is a perfect valid and appropriate response. The energy sector has surged and...