Banking On The Banks

Berkshire Hathaway run by Warren Buffet is betting big on banks right now, especially on Bank of America (BAC). Regulators have recently approved Berkshire to acquire up to 25% of Bank of America. Since then Berkshire has spent 2.1 billion for 85.2 Million shares bringing their current holdings of BAC to 11.9%. Bank of AmericaContinue reading “Banking On The Banks”

Up 31% In the Last Month

Penske Automotive Groups (PAG) stock has risen 31% in the last month mostly from July 13th to 16th and has managed to hold that strength right up to the end of market today. There are several reasons for this, the main one being that Penske was able to beat analyst estimates of their quarterly earningsContinue reading “Up 31% In the Last Month”

Tee Up Some Investments

I figured since golf is one of the few sports you are actually allowed to play right now I would get into some golf related stocks that you could invest in. Seeing as how I have already been golfing twice as much as last year a whopping 2 times. I figured that basically makes meContinue reading “Tee Up Some Investments”

A Golden Opportunity

I want to talk about Kirkland Lake Gold (KL. TSX). They are up 609% in the past year with dividends reinvested. This company is somewhat of a unicorn in the fact that they have zero debt, all while having $700 million in cash as of December 31, 2019. Most large companies have at least aContinue reading “A Golden Opportunity”

The Electric Vehicle Bubble

Everyone knows electric vehicles are the future (along with fuel cell tech), this has created a bubble somewhat like the weed bubble we had not too long ago. People are pouring money into EV companies like Tesla (TSLA), and Nikola (NKLA). This has led to pretty much all EV companies being massively overvalued in myContinue reading “The Electric Vehicle Bubble”

The King of Buying and Holding

$100 invested in this company in 1965 is worth $1,357,575 today. To compare a $100 invested in the S&P index in 1965 is worth $18,322 today. This company has averaged a 20% return since 1965 about doubling the S&P 500. Still don’t know who I’m talking about? If you live in Alberta there is anContinue reading “The King of Buying and Holding”

Bob And Doug Go to Space!

For the first time in almost a decade America has sent astronauts into space without having to pay for a seat on a Russian rocket. SpaceX is officially the first private company to ever send people into space giving them a serious leg up on major competitor Boeing who has not been approved to sendContinue reading “Bob And Doug Go to Space!”

The Good, the Bad, the Fugly

This post is all about my 5 best and 5 worst trades, as well as a couple missed opportunities and a couple that I was lucky to get out when I did and some of the lessons learned on the way. Hopefully this will help a few people avoid a few investing mistakes. The GoodContinue reading “The Good, the Bad, the Fugly”

Earnings Season

The first earnings season since Covid 19 has actually been pretty good for most stocks considering the lockdown, mass unemployment and the lockdowns that have gone on since the pandemic started. There are several reasons for this. The first reason is the huge drops all the main markets (over 30% for most exchanges) took atContinue reading “Earnings Season”

Colby’s Portfolio (As of June 30,2020)

This is a list of my current holdings and what account they are in currently. The percentage weighting of each stock may fluctuate as market prices change and I buy or sell stocks. I will probably update This page once a month or so if you want to check in and see what I haveContinue reading “Colby’s Portfolio (As of June 30,2020)”