Alimentation Couche-Tard: My core Consumer Defensive + Carrefour assessment

Alimentation Couche-Tard: My core Consumer Defensive + Carrefour assessment

The market does not like the idea of Couche Tard buying Carrefour. A common reason is that Couche Tard is stepping away from it's roots to tackle the grocery business. Second, and the only reason that matters in my view, is that Couche Tard's target of 15% EBITDA growth moving forward might be challenged in [...]

Sharesight: Tracking your Investment Portfolio — a visual walkthrough.

Sharesight: Tracking your Investment Portfolio — a visual walkthrough.

A common question I receive is what method I use to track my portfolio. There are ways to do this manually in Excel, although I find that process too laborious and prone to error. My preference has always been a “one-stop shop” type of program where I can input (or have automatically updated via broker) [...]

LateCycle Porfolio: August 2019 Purchases and Reflection

LateCycle Porfolio: August 2019 Purchases and Reflection

Let me start off with a small reflection: I am feeling bearish. And with good reason. The Trump/China affair is putting serious downward pressure on global stocks, coupled with sentiment that global growth is slowing and a recession is imminent within the next 12 months. What does this mean for my leveraged portfolio? First, it [...]