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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: I tried to read your answer to a question on Wayfair from August 5/16, but it wouldn't open. (Maybe a glitch with the new site.) I'm just wondering what you think of this stock going forward, especially considering today’s carnage. Goldman Sachs recently endorsed it as one of their top 23 “secular growth stocks”.
Read Answer Asked by Brian on November 03, 2017
Q: 5-I,

Love the new website, particularly the ability to mark questions as favourites ! Obviously a lot of thought and work has been put into this.

You advertise as being completely unbiased as you do not allow your staff to own stocks you follow or comment on. I would like to put forth my thoughts on this and invite other 5-I subscribers to as well. As an investor I want as knowledgeable and thorough a person as possible on the guiding end. I do not care what stocks he or she owns. I believe most of the 5-I subscriber base relies on stocks that are traded in sufficient volume to negate any possibility of a pump and dump routine of a staffer. I follow two popular investment writers from the Globe and Mail and if either ever writes about a stock they own, they simply acknowledge their personal ownership. Actually I feel better that they have the confidence to invest in it themselves.
I think this will come into play even more if you decide ( hopefully ) to someday cover American stocks. I really don't want someone advising me about stocks who doesn't invest in any equities at all. You would not attract the best candidate with this approach. 5-I and its client base deserve as good a quality advisor in the future as you currently have now.

Paul

Read Answer Asked by paul on November 03, 2017