Goldman Sachs (GS) released better than expected Q4 and FY2018 results on January 16th. GS is currently undervalued but the Malaysian 1MDB corruption scandal in which GS is being sued for $7.5B by the Malaysian government is something investors should consider before investing in GS. Despite this overhang I am of the opinion GS is [...]
The Bank of New York Mellon Corporation (BK) released its Q4 and FY2018 results on January 16th in which it reported mixed underlying results. While revenue declined it benefited from strong expense control and a lower tax rate. BK rewarded common shareholders with $3.3B in common shares repurchased and $1.1B in dividends in FY2018. In [...]
On January 9th, the day I posted my most recent article on Constellation Brands (STZ), the outgoing and incoming CEOs appeared on Mad Money following the release of a disappointing 2019 forecast. STZ's current CEO Rob Sands, who will step down in March, stated the response to his company's softer guidance is a "total overreaction" [...]
A recent article on a highly followed investor website suggests that two small cap TSX listed companies are appropriate investments for Tax Free Savings Accounts (TFSA). For long-term risk averse investors, neither company would be an appropriate investment. In this article I compare the extent to which both companies have rewarded shareholders with two extremely [...]
In August 2018 I purchased two $190 January 2019 Call contracts on Constellation Brands (STZ) in the hopes participating in any upside it might experience by reason of its investment in Canopy Growth (WEED); I fully appreciated this was a speculative investment. STZ's stock price rose following my purchase but in mid-October 2018, the share [...]
Berkshire Hathaway Class B shares (BRK.b) are currently held in the Core Accounts portion of the FFJ Portfolio. I will be transferring additional BRK.b shares to the Side Accounts portion of the FFJ Portfolio and will be acquiring further shares as I view them as being reasonably valued. I anticipate heightened volatility in the [...]
Following the market close on January 2, 2019, Apple (AAPL) informed the investment community that it was revising its Q1 2019 earnings forecast lower. On January 3rd, AAPL's share price suffered a ~10% drop at which time I took the opportunity to acquire shares for the FFJ Portfolio. In this article I explain my rationale [...]
This is my December 2018 FFJ Portfolio dividend income update. The portfolio was created in January 2017 for the purpose of demonstrating how investing in high quality companies with competitive advantages and with a record of consistently increasing dividends can assist investors in reaching their long-term financial goals without the need to speculate or to [...]
In a recent interview, BlackRock ETF Specialist Blair Hannon shared the asset manager’s views on the global outlook and why investors should look at quality U.S. stocks and emerging markets. Vishal Techchandani, nabtrade's Customer Insights Manager, recently interviewed BlackRock Exchange Traded Funds (ETF) Specialist Blair Hannon in Australia; Vishal was kind enough to forward [...]
In this current environment it is exceedingly important to focus on investing in fairly valued high quality companies which have long-term competitive advantages. Here is a recent interview with Magellan Financial Group's (Australia) Chief Investment Officer Hamish Douglas in which he shares 4 of his best high quality US publicly traded investment ideas. Vishal [...]
