Investment Q&A

Q: Can you please explain the press releases by $oscr $cnc and others related to Medicare and the weak skate prices for these Healthcare companies? Is this weakness likely to last with the Trump policy changes? It's there value here or a longer lasting fundamental change to the revenue potential?

Q: I feel compelled to chime in on the RRSP discussion, with my personal scenario.

- 25 years still to work
- marginal tax rate 43.4%
- highest tax bracket 50.4%
- Assumed yearly return of 10%


Option 1: Utilize the RRSP for 10k/year:

Balance after 25 years = 1.08 million. Worst case scenario (unlikely) I pay 50.4% tax on the entire balance = 536k remaining.

Option 2: Pay tax on the 10k at 43.4% and have 5,660 left to invest in a cash account.

Balance after 25 years = 612k. Pay capital gain tax of **118k = 493k remaining.

**Capital gain = 612k less cost base of 141k (5,660 X 25 years) = 470k. X 50.4% X 0.5 = 118k.



I am still better off in option 1 with 536k rather than the 493k in option 2. Note that it is also very unlikely I pay the highest tax rate on the entire balance. In reality I will likely to much better than the tax rate used in option 1.


Open to hear if you think I'm missing anything?

Q: TTD Your thoughts on the quarter and outlook from here please. Hold or change over to something else? Thx

Q: I've held FCX for a few years now, and it hasn't really gone anywhere. Would it make sense to sell it and buy AEM?

Thank you for all that you do.

Q: Your thoughts please on the quarter?Thx

Q: Could you comment on BCE second quarter 2025 results? Thank you

Q: Comments on the quarter?

Q: $four had negative reaction to earnings. How attractive do you see it at current price?

Q: A colleague of mine, who is both a student of history and risk adverse, has suggested there are significant parallels between what is occuring in the market today and market conditions leading up to the 1929 great depression. In particular, he points to what he believes to be grossly inflated p/e values across all sectors of the North American market. I do not share his views and would be interested in your thoughts - backed up with a few pertinent statistics - regarding both my colleague's historical comparison to the late 1920s and current p/e values. (I am well aware books could be written on this subject, so looking for just your top-line opinion.) Thank you.

Q: Is CNQ stock price down due to OPEC increases or other ?

Q: I would like to reiterate the big thank you for this name. I would never have considered it but for your service. Based on your comments, I took a large position which has worked out extremely well. Thank you!

Jason

Q: I know there is no news on CSU which reports tomorrow. It is sitting on its 200 day moving average and is the third time this year it has had a sell off to this level (actually Liberation Day (April) it fell through the 200 day), only previously to make a strong comeback. Are you concerned CSU is missing the AI craze with its long time tested acquisition strategy? Is it the Adobe of the TSX (ie. great business but not sufficiently relevant in AI)? Thanks so much.

Q: TMX Group has been consistently producing great results, for several quarters, coupled with dividend increases. But, its share price does not seem to be able to rise past $57-$58 level, even with most analysts revising their estimates and price targets, higher.

Is this price action consistent with its historical pattern, or we are missing something ?

Do you continue to like to own the stock for Income and Growth, over next several years ?

Thank You

Q: I believe cash flow is a better measure of profitability for E & P companies. Would that also apply to software companies? Or would EV/EBITDA be an even better measure for software companies?

Thank you,

Q: With Go Easy showing a lower PE and better momentum than Propel after earnings, which of these two do you think looks better going forward? If an investor owned only PRL, would it make sense to switch to GSY?

Q: Hi Team,

Thoughts on GFLS quarter and which company do you think will have greater earnings growth over the next 10 years?

Thanks,

Q: Dear Peter:

This is primarily a BIG THANK YOU note! But for your repeated vote of confidence I wouldn't have taken a position in NBIS. What a POP today, eh?! More than paid for my next year's 5i Subscription!!

Secondarily a quick question. Now that it has gone up (and I sold part of my position today to lock in my profits), should one be tempted to rite Cash secured Sell Puts?
If so, what would be your strike price and exp date?

Many thanks again for your insight and most importantly your "courage of conviction"!.

Q: Given that $nbis reported new guidance today and is up 20%, how is the company valued versus yesterday? Growth seems to be accelerating and profitability closer, so in my mind risk is down further and valuation actually looks better?

Q: Peter; Would you add to FCX at this time? Thanks.
Rod

Q: I would appreciate you analysis of their latest earnings. Why the 4% decline?

Thanks.

Dave.