Scouring the markets for value since 1996
After an extensive review of the investment landscape following the first quarter earnings season, I decide to jettison Preformed Line Products from the portfolio, take profits on PHX Energy Services and add a new name, Bird Construction to the stable.
Gerry Schwarz and I must be using the same playbook as Onex makes a second takeover offer in as many months for one of my portfolio companies.
I recently sold my Questor Technology, locking in a satisfying 596% gain from my initial purchase price.
No longer convinced that the next recession is just around the corner, I sold off all of the put options I was using to protect the portfolio and am now operating without a safety net.
After an unusually long stay in the portfolio, Geodrill is shown the door.
This fashion retailer offers potential value as it continues to grow its online presence and expand its international footprint.
A defensive stock at a reasonable price. This new addition to the mispriced markets portfolio could benefit from the need to upgrade our aging electricity transmission infrastructure.
I have lost faith in a meaningful recovery in the western Canadian oil and gas sector. I have sold my Macro Enterprises and Essential Energy Services and with the money from these sales, have placed my bets on the current market rally losing steam by the end of the year.
In the final 2 months of the year I sold Atlas Engineered Products, pared back on my Essential Energy Services and Geodrill holdings and added Gluskin Sheff to the mix. 2018 was a year full of surprises. I take a look back at the tumultuous year just ended and look ahead at what might be in store for investors in 2019.
This wealth management company has weathered previous market storms well and seems to offer compelling value as we sail into rougher waters ahead.
A couple of sells, some market commentary and a look at the portfolio from a defensive standpoint.
Does a recent ballot initiative to restrict drilling in Colorado mean the party is over for Questor?
The company has been growing like gangbusters while it has been out of the public eye, but are insurers willing to foot the bill?
Viemed, Questor and Magna were the bright spots in what was a fairly uneventful start to the year. With the market undecided as to which direction it wants to go, I maintain my hedge but use up most of my remaining cash to add 4 new holdings to the portfolio.
Why I think this company might have what it takes to survive the retail apocalypse.
The mystery is revealed: A roll-up play in the construction industry catches my eye.
I recently initiated a small position in this provider of in-home ventilation assistance for patients with end stage respiratory disease.
I recently added this chain of farm equipment dealerships to my portfolio. I feel it offers good value as the sector continues to recover from the downturn of the last few years.
With a global footprint, record sales and earnings and a shiny, new acquisition in the works, this automotive and industrial manufacturing company is firing on all cylinders.
An in-depth look at why this rapidly expanding alternative lender is a bargain at the current price.