Investment Q&A

Q: Have you warmed up to OWL since your March 2025 comment? OWL currently rates a strong buy in the financial sites I have access to. If your views are unchanged, do you have another private equity-cum-asset manager that you favor? OWL seems to have stronger, favorable buy ratings than BX, or CG. If not OWL, would you prefer Apollo and why.

Q: When comparing SAN to JPM, I was surprised to see that SAN-ADR significantly outperformed JPM over 5, 3 , 1 years and YTD. I did not compare appreciation in shares of SAN in €. Notwithstanding remarkable appreciation in share value YTD, SAN still trades at below market multiples in its industry. Having used SAN’s services (business and personal) I find this bank to be well-run, and customer focused, far superior to Barclays , Lloyds et al . Am I missing something that justifies the low valuation? If not, do you think SAN is a good investment that could also be a reasonably good diversifier? .

Q: When NA took over CWB I was concerned that there may be integration issues given the size of the acquisition, the different geography, and possible corporate cultures. Similar to when Empire took on Safeway in 2013. Are we comfortable that any such issues are well behind NA by now?
Thanks as always.
Ian

Q: I have done well with this stock in the last 2 years,even after cutting the dividend by 50 % it still pays 7.2%,for me it’s a great income stock I don’t think I have to worry too much about,your thoughts on the company specifically the dividend and the payout ratio and is it a possible target for acquisition
Thanks

Q: Can you give me your 3 favorite covered call Canadian banks ETFs.

TY

Q: Im down 35%. Should I hold on and wait for a recovery or are there better options out there?
Thinking 1-2 yr hold?
Thanks as always

Q: According to Grok: “Over the past ten years, the technology sector’s share of the S&P 500 has grown from ~18% to ~32% (or ~40% including tech-related firms), driven by the dominance of mega-cap companies and innovation in AI, cloud computing, and software.”

Do you think BRK has a reasonable prospect of outperforming the SPY given that BRK has a low level of tech exposure. I am concerned that BRK will underperform going forward unless they gain greater exposure to the technology sector.

Thanks.

Q: I hold these in roughly equal amounts totalling around 30% of my RRIF where income is more important than growth. Should I consolidate these or just leave alone ? Thanks . Derek.

Q: Everyone, my purchase price was $43.10. Due to the recent changes in cryptocurrency by the US, should I reduce or delete my exposure to Visa and purchase a cryptocurrency stock. If yes to reducing or deleting my exposure to Visa please recommend a cryptocurrency stock(s). Clayton

Q: Hi. I have owned GSY for a while and I'm down about 10%. Was thinking of switching it for Visa. Good idea, bad idea or not necessary? Thanks.

Q: Does it not make sense that V and MA would benefit from stablecoin as it may be intergrated into the existing payment infrastructure and not seen as competition?

Q: I wonder whats happening with this? any ideas?

Q: What % of Propel's business is in Canada vs USA vs International after their latest acquisition?

Thanks....Steve

Q: Hi Team,
Just looking for some general thoughts here with GSY. It's hard to believe that it's been 4 years now since GSY share price has peaked. Yet, just the other day GSY announced their loan portfolio hit the 5 Billion mark. Not so long ago it was 3B, and not so long before that 1B. It appears to me that the company has it a scale in their lending and now the loan book is growing at a rapid, exponential pace. However, the share price still has not recovered from 2021 peak. Do you see this as a massive "base" forming here per say? Do you fore see another long term uptrend starting here anytime soon? Trying to gauge the disconnect here between the solid earnings and loan book growth over the last 4 years and the current share price. Is the set up here a great buying opportunity for the next decade?

Thanks,
Shane.

Q: Olympia is currently on a run (no complaints); any idea why ? Do you think its justified ? Thank you.

Q: Genius act being passed in the USA for stablecoins. Will this effect other, Crypto etc
Does 5I have any suggestion for stocks or wait & see. will it also effect payment type stocks. Tks 5i

Q: Could you please provide any relevant news on it since the last mention of this company ? Is everything on track?

Q: Since the beginning of May, I've noticed 6 insiders selling approx 52K shares for an approximate sum of $!,776K. I realize that insiders will sell for a variety of reasons yet am wondering if you have heard some rumblings as to the reasons why?

Thank you

Q: What are your current views on DEFI? Do you see potential from here?

Q: Can you recommend stocks or ETFs in blockchain technology?