Investment Q&A

Q: Regarding diversification, do you know insight as to why most professionals recommend diversification, however, Warren Buffet (arguably the most successful investor of all time) has previously said "diversification is—as practiced generally—makes very little sense for anyone that knows what they’re doing...it is a protection against ignorance.".

Yet on top of this, BRK.B has almost 50 holdings according to the 13F Portfolio Filings (although AAPL represents 50% of the holdings). Thoughts or opinions?

Q: If you wanted to take a position in a stock in the AI phenomenon what would be your top 5 picks. Could please indicate the reasons for your choices.

Q: Can I get your opinion of Boeing? It's been outperforming the market and peers over the last year or so and wonder if this a buy on any weakness...Thanks!

Q: Hi 5i,
What is 5i Opinion on DKS after -24% drop in share price... Is this a company worth investing in at this time? If yes , what price and time frame would be reasonable to consider... Could this type of weakness initiate an increase in short positions...
Presently hold small position so .....Buy ,sell,hold
Thx

Q: Hi 5i,
in regards to SVI.TO:
In your opinion does the executive team have much skin in the game (ie ownership)? It looks like there has been some buying in the last year.
In your opinion what would be a very attractive buy price?
In your opinion do you think this stock might experience more pressure because of tax loss selling later this year?

Q: What are your thoughts on HURA, it looks like it wants to go? Thx James

Q: Hi 5i,

I believe in management and the long-term prospects of AP.un, so I want to hold on long-term.

On a couple of conference calls management has indicated there will be a large taxable event for unit holders because of the data center sale. I assume this will be a capital gain which may be a ROC of just a plain taxable capital gain. In any event, would it make sense to sell my units now resulting in a large capital loss and then buy the units back after 30 days. The loss will more than offset any gain the company would declare. If it’s a return on capital, I would use the loss to offset other gains in 2023. Your thoughts would be appreciated.

Do you anticipate much change in the unit price over the next 45 days? What do you think of this REIT long-term (3-5 years)?

Thanks for your opinion.
John

Q: hello 5i:
would Operating Cash Flow be the best metric to use when valuing this company? If so, I see that historically, they've traded for long stretches of time for a ratio of under 6.0. Would you then agree that something under this ratio would present good value? If Adusted (Operating) Earnings is the best metric, would a PE of 20 or less be a good value to buy into?
thanks
Paul L

Q: How much exposure to Chinese real estate does BN and BAM have?

Q: Over the last year MEG is up 27% and TVE is down 20%. I am down 26% on TVE. Is a switch from TVE to MEG a good trade to recover my current loss on TVE? Thank you

Q: I looked at this company many years ago and was intrigued by the dividend... And the fact of who doesn't like or need sugar...!

- Never did pull the trigger to buy...
- Recently read some news and now back on the radar...

- What are your thoughts near and long term?

- Is it a safe dividend play to pack away ?

Thanks

Q: You'll probably get a lot of questions on NVDA's earnings. My question is on the announced $25B stock buyback. Is it me, or is this absolutely insane given the price to book valuation? Doesn't this lower the book value per share?

Q: Dear 5i team.

Does it make sense to just buy equal amounts of the big three in Canada, or is there an ETF that provides good exposure to these, along with other adjacent companies?Thanks for your help.

Q: If you were going to hold 2 of the big 6 Canadian banks long-term for dividend income along with EQB for some added growth, which two would you choose?
Thanks

Q: Interested in this company

Q: What are your thoughts on this coal miner. Are they buying back shares?
Thanks

Q: In many of your responses you mention the scenario of interest rates peaking and then going down. However, there is also the possibility of "higher rates for longer", I've heard mention of up to a decade. I've also read that 5% is historically a very average rate. If this scenario plays out, how will it likely effect dividend blue chip stocks and the markets in general? I know this is a predictive question, but I'm looking for your knowledge based on what has typically happened in the past with sustained higher interest rates over a longer period. Thank you!

Q: Lots of insider buying by CEO and others. Can you see this as well?

Thx

Q: Hi 5i,
AJG's GICS Sub-Industry classification is "Insurance Brokers".
Can you help suggest some Canadian listed Insurance Brokers stock that might be worth looking at for a TFSA and or NonReg account.

Q: Would you please list your top 10 companies that will face severe headwinds going into a recession / renewing debt at higher interest rates / margin erosion / no pricing power / unprofitable tech? - this was asked and you said the list would longer if it was asked the other way around, can I have the list of this question asked the other way around?