Insights

Today's Thoughts: What Worries Me? A few people have asked me recently what worries me. To be frank, I’m pretty well constantly worried about everything market wise. Nothing new there. One thing that does worry me about personal finances though are people’s...

Today's Thoughts: Negative Bonds Earlier this week the dollar value of bonds sporting a negative yield hit a new high: US$18 trillion. I often get asked why people are buying bonds with a negative interest rate attached to them. There are a few reasons:...

Today's Thoughts: A 10 Year View The Last 10 Years – Thought this was an interesting chart from Compound Capital Advisors. It shows the returns by country in USD every year for the last decade. It has been a terrific bull market in the US and frankly...

Medtronic (MDT) – Recall that Medtronic is part of our “healthcare tech” basket along with Becton Dickenson and Stryker. Medtronic reported quarterly results this morning. Earnings per share came in at $1.41 versus estimates of $1.32. They have also increased...

Today's Thoughts: Sports Square Garden Sports (MSGS) – We have been picking away again at shares of Square Garden Sports. MSGS main assets the NBA’s New York Knicks and the NHL’s New York Rangers. Every year, Forbes Magazine provides value estimates for...

Today's Thoughts: DIS Parks I’m off next week, so no morning comments until the 23rd. Disney (DIS) – Some really nice quarterly results from Disney last night. Earnings per share came in at $0.80 versus expectations of $0.55. Disney+ subscribers came...

Today's Thoughts: BAM & US Oil Brookfield Asset Management (BAM) - On some metrics, the company appears to have beaten estimates and on other metrics they appear to have missed estimates. To me, the most important thing for the health of Brookfield going...

Compounding – I was reminded recently of an interview I heard a couple of years ago with Brad Stulberg who is the author of the book Peak Performance and has spent most of his career writing about the intersection of science and athletic performance....

Apologies if this reads oddly, still using the dictation app. Office – Anecdotal, but interesting nonetheless. A US office real estate manager had their conference call yesterday. They noted that they are starting to see more companies look for larger...