Investment Q&A

Q: Apparently BMO, CIBC and TD currently have negative amortization mortgages approaching 20%. Do you have comparatives for BNS and RY ? Apparently there is one Canadian bank that is very conservative at less than 6%.

Q: I understand that BN invests money raised privately. Are these private investors expecting to get a better return on their money compared a BN common shareholder? I'm confused what the fundamental difference is between them. Can you please explain. What happens if the private investor wants their money back? If they withdraw en mass does this create a balance sheet problem?

Q: Hello

Is BN like a Canadian version of BRK.B.

With the major difference BN pays a small dividend and breaks up its assets like BAM.

Would you own both or do you prefer one over the other.

Thank you.

Mike

Q: Hello not to scare some investors but can you explain what happened to conseco in 2002-2003 period and why goeasy is not in the same situation now with interest rates going up fast ? Thanks !

Q: Hi there,

I read this morning that Steve Hudson founder of ECN recently purchased 500,000 shares. Would you read anything into this other than his belief in the business?

Thanks!

Q: I have a loss in CM which is matched by an equal gain in TD.
Was thinking to sell both and buying equal amounts of BNS and RY.
All are in a non registered account. Is the tax loss accepted?
Would you recommend any changes back after 30 days?

Q: Hi - how will EFN do in a recession? Is it structured to do well (relatively speaking)?

Q: May I have your opinion of EQB acquiring ACM Advisors

Q: I'm having trouble understanding why FTN keeps having these unexplained price drops!!Last time it happened I bought a lot of it and sold it for a hefty profit a few days later,which I then invested in FTN.PR which just raised its dividend to 9.25%.Now FTN is back down to where I bought it a few weeks ago!!!The yield is 22% and as long as the NAV remains above $15 it will pay the dividend,NAV is $16.82 as of Sept 15.I know you're not a fan of split shares or short term investing,but would FTN not seem like a screaming buy here???

Q: I am curious about your yield calculation of approx. 8.7%. Is it not closer to 7%
Jerry

Q: Dear Peter and team,

Thank you for answering my question earlier about non-correlated assets. Very clear and helpful. For Private equity you had chosen BX as an option (also VXX) and every subscriber knows how much you like BN/BAM :) (I must say that I am tickled by the number of folks in both print and TV media, not just you, are enamored with Mr. Bruce Flatt. A true Bromance!!)

My question is how come not many mention anything about similar European Private equities firms which are publicly traded. Google search yielded CVC capital, EQT, Ardian, Apax...

Which PE firm from the EU would you consider as a reasonable complement for BX/BLK/BAM . Feel free to add any other PE firm that you think has potential.
Many thanks in advance.

Mano

Q: I became an EQB customer just to experience their service and I am very impressed how the whole process works without any human involvement (this means big cost savings on their part) and the unmatched benefits of keeping your cash savings there over the legacy banks. If this is the future, the big banks have a problem of large workforce and the real estate footprint to be maintained. From my point of view it is easier to enter the market from EQB starting point than from the big banks position to slim down. However there is a limit to which EQB can grow that way. Would you be able to asses this limit in terms of EQB market cap?
There are/were smaller/regional banks that entered Canadian banking in the past. How would you rate EQB in this group?

Regards,
JR

Q: Good afternoon.

If you had to pick one - just one - Income stock right now what would your choice be?

Look forward to your answer.

Thanks.

Q: The debt to equity of the company is 220% is this not a concern with the higher interest rates?

Q: Bought zwu at 10.79. Is there a chance of a rebound here or a sell. Have a fairly large position in bir. at average of 8.45. Your thoughts. Have no dfn. your opinion on this stock surviving. thanks

Q: Why does Brookfield spin out subsidiaries rather than keep 100% of their businesses within the parent company like Berkshire? How does the BN approach create greater shareholder value compared to having just one company with all of its bits under one roof?

Q: AEG seems unusual in terms of its extremely low dividend payment to cash flow ratio, price/book, and other ratios. Its 12% 3 year dividend growth average is very attractive. However, the negative earnings, etc. are concerning. Is this a stock you would buy? Which North American insurers would be more desirable for growth/safety of dividend?

Q: Hello, Are Canadian companies listed on US exchanges considered separate entities ? For example, if I buy TD bank on the US exchange because I have funds in my US brokerage account and something happens to TD US, would I have been protected if I bought it on the TSX instead ?

Q: With Goeasy down 25% in the last month….do you see any potential for near term catalysts?

Q: Hello,

Can I please get your thoughts on Aries Capital (ARCC). Thanks

Dave