Investing Can

🍁 canada 🇨🇦|| investing || family 🏠, food 🥘, outdoors 🌲 || product manager || generation x

[Investing Can @investingcan]

charlie munger probably never said this, but I think about it a lot: "“If all you ever did was buy high-quality stocks on the 200-week moving average, you would beat the S&P 500 by a large margin over time. The problem is, few human beings have that kind of discipline."

[Investing Can @investingcan]

@AlexesNakamoto when I saw all of these ‘celebs’ selling I knew we were at a bottom

[Investing Can @investingcan]

@davidportier he made some good points though 🤷

[Rayan @rayansadri]

Randomly checking the latest Express Entry draws and it's wild. Canada’s immigration system is so catastrophically cooked that I genuinely don’t know how anyone expects it to be fixed anytime soon. We’re watching highly qualified researchers and engineers leave because Canada can’t give them a realistic path to stay, while the system creates bizarre incentives around other immigration categories (refugees and french people, yea)

Half the top researchers I knew at McGill left because there was no viable permanent pathway. The other half moved to the US. We literally educate world-class talent, fail to retain them, and then act surprised when they leave. good luck. truly lol.

[Investing Can @investingcan]

every major cities downtown core should not be for cars but for movement of people — transit, bikes, pedestrians. this makes zero sense.

[Investing Can @investingcan]

a reminder that car brained @fordnation + @BenMulroney are pandering to a small constituency. it’s desperate politicking. 70% of torontonians support bike lanes / blame for congestion construction ~74% and too many vehicles ~57% than on bike lanes ~34%.

[Investing Can @investingcan]

@_benjaminparry @Monumental_Labs mr sankofa

[Investing Can @investingcan]

@BenMulroney you are literally the definition of nepo baby.

[Investing Can @investingcan]

$L.TO starting to enter my buy zone again. Cmon $55-58!

[Investing Can @investingcan]

look for ‘broken’ where the business still works / has green shoots. ex. $LULU growing international sales but north america weak.

[AskLivermore @asklivermore]

One (or more) of these beaten down sectors will make a you multi-millionaire in the next decade. Remember this, people are so scared at the bottom. They miss the entire opportunity.

1. Crypto-related stocks - "no chance for adoption"
• Circle
• Coinbase
• MicroStrategy
• Bitcoin
• Ethereum

2. Consumer brands - "left for dead"
• Nike
• lululemon
• Gap
• Abercrombie & Fitch
• Estee Lauder
• American Eagle

3. Fintech - "fintech profitability concerns"
• Opendoor
• Zillow
• SoFi
• Rocket Mortgage
• Robinhood

4. China/emerging markets - "China is uninvestable"
• KWEB
• FXI
• EEM

5. Social media - "ad revenue is weak"
• Pinterest
• Snapchat
• Reddit

6. Ride-sharing / gig economy - "autonomous vehicles will kill them"
• Uber
• Lyft
• Grab

7. Nuclear energy - "too risky, Fukushima, regulation will block it"
• NuScale
• Oklo
• Nano Nuclear
• Uranium Energy
• Cameco

8. Homebuilders - "housing dead, rates too high"
• Lennar
• D.R. Horton
• PulteGroup
• NVR Mortgages
• Taylor Morrison

9. Chemicals - "China dumping"
• Westlake
• Celanese
• Dow
• LyondellBasell

10. Clean energy and EV's - "subsidies dying, demand collapsing"
• SolarEdge
• Enphase
• Sunrun
• Lucid

11. Space/aerospace - "money pit, decades from doing anything meaningful"
• RocketLab
• AST SpaceMobile
• Intuitive Machines
• Joby
• Archer

12. Quantum computing - "10 years away from being useful"
• Rigetti
• IonQ
• D-Wave
• QUBT

13. mRNA and biotech - "COVID is over, pipeline dried up"
• CRISPR
• Moderna
• Beam Therapeutics

14. Rare earth elements - "China controls 90%, no way to compete"
• USAR
• CRML
• MP Materials

15. Software - "AI will kill software"
• ZScaler
• Zoom Communications
• ServiceNow
• Adobe
• Intuit
• Salesforce

16. Restaurants - "consumer is broke, nobody is eating out"
• WingStop
• CAVA
• Chipotle
• Jack in the Box
• Papa Johns
• Shake Shack
• Domino's
• Wendy's
• DutchBros

17. Movie theaters - "streaming killed movie theaters"
• Dolby Labs
• AMC Entertainment
• Cinemark

You watched Amazon go from $7 to $3,000. You watched Bitcoin go from $200 to $100,000. You watched SanDisk go from $50 to $2,000.

Every single one of those was on a list exactly like this one. Beaten down. Hated. Laughed at. "It will never work." "It's too risky." "The industry is dead."

You are looking at the next version of that list right now. Do NOT miss your chance.

[Investing Can @investingcan]

@JeffVeillette the most disingenuous part of bradfords plan is that those trails already exist all over toronto — waterfront, don valley etc. to your point it’s not practical for the majority of trips. i can’t believe bike lanes are still a debate at this point.

[Investing Can @investingcan]

@M_Johnston1 good riddance. canada should fund start up canadian car companies/ parter with magna. boost and own domestic manufacturing.

[Investing Can @investingcan]

@ronmortgageguy hint: look to the employee growth at metrolinx and the top heavy management structure. can you say patronage appointments?

[Edward Row 𓃡 @edwardrow]

also announced today - July was the single best month @BikeShareTO has ever had, 6% increase from last year - continuing the sustained growth it’s see in a city that used to be hostile to cycling is about to be kneecapped - https://t.co/AC6p3s0M12

[Investing Can @investingcan]

@lucyhargreaves4 sadly, it doesn’t surprise me anymore as politicians right/left treat elections as vote-buying operations. @fordnation has doubled ontarios debt in his 10-year tenure to $495B. insanity.

[Investing Can @investingcan]

@CJ0pp3l $TECK.TO growing need for copper / merger in 2027 / fourmile royalty

[breadloaf 🛤️ @taxspendlib]

If you think the bike lanes cause congestion on Bloor, you are a moron:

Bloor 2015:
- two lanes of car traffic
- two parking lanes

Bloor 2024:
- two lanes of car traffic
- one parking lane
- two bike lanes

[Investing Can @investingcan]

@BenMulroney so true

[Investing Can @investingcan]

@danieltateTO why did no one give a shit when it was literally parked cars instead?

[Robert Friedland @robert_ivanhoe]

The copper market has CRACKED. Spot prices flared out into a MASSIVE backwardation of over $300 per tonne as stocks continue to be pulled off the LME. This is the largest spread since 2021, and we all remember what happened then…

[Investing Can @investingcan]

@fordnation FOLKS. more wasted money when @fordnation has already DOUBLED ontarios debt during his tenure to $485 B. micromanage the debt not the city, doug.