In recent articles I have indicated that I like Warren Buffett's 'punch card' analogy when it comes to investing which favors investing in a relatively small number of high quality companies as opposed 'throwing mud against the wall' which involves investing in a large number of companies. I prefer to limit the number of companies [...]
Brookfield Asset Management Inc. (BAM-a.TO) and institutional partners recently announced their proposal to acquire 100% of the units of Brookfield Property Partners L.P. (BPY-UN.TO) not owned by Brookfield for $5.9B. I want to increase my exposure to the BAM group of companies. Since I am of the opinion the real estate aspect of BAM's business [...]
In previous articles I have indicated that I am helping our daughter and her boyfriend (both in their early 20s) create investment portfolios that will aid them in achieving financial freedom at a relatively young age. Our daughter already has exposure to Alimentation Couche-Tard and Brookfield Asset Management. I envision both companies will be far [...]
This is my December 2020 FFJ Portfolio report. 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 chase dividend [...]
On November 20th I initiated a position in Lockheed Martin Corporation (LMT). I then acquired additional shares on December 15th at a slightly more favorable price. LMT's share price has subsequently pulled back slightly and since my underlying thesis for investing in the company has not changed, I have acquired additional shares on December 31st. [...]
goeasy Ltd.'s (GSY.to) stock price has more than tripled since mid-March 2020. This has attracted considerable investor interest. I think many investors may not have taken into consideration the degree of risk they are assuming by investing in a company which is in the business of providing loans to financially challenged individuals/small businesses. Two major [...]
When I initiated a position in Hormel Foods Corporation (HRL) in June 2017, one of the factors I took into consideration was that The Hormel Foundation controls more than 48% of HRL's stock. While some investors may have a negative opinion of the Foundation's degree of control, I viewed this as a 'positive'. HRL is [...]
Subsequent to posting my December 17th Tyson Foods, Inc. (TSN) article in which I disclosed that I had initiated a position, TSN disclosed that an internal review determined that one of its beef suppliers made 'misrepresentations regarding the number of cattle the supplier purchased on behalf of TSN's beef segment.' I stand by my decision [...]
A great many companies in which I wish to increase my exposure or to initiate a position are currently trading at unrealistic valuations which does not bode well for the purpose of generating attractive long-term investment returns. Tyson Foods, Inc. (TSN), however, is currently attractively valued. I have, therefore, initiated a position within one of [...]
On November 20th I initiated a position in Lockheed Martin Corporation (LMT) so as to increase my exposure to the Aerospace and Defense industry. LMT's share price has pulled back subsequent to this November purchase. My underlying thesis for investing in LMT has not changed so on December 15th I acquired additional shares in one [...]
