Waste Connections: The backbone of an infrastructure economy

Waste Connections: The backbone of an infrastructure economy

Founded in 1997, Waste Connections (WCN) is the 3rd largest solid waste service company in North America. It provides waste collection, transfer, recycling, and disposal services. Additionally, WCN provides oilfield waste treatment (recovery and disposal services) as well as intermodal services for the rail haul movement of cargo and solid waste containers. The firm currently [...]

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 [...]

Genesis: The Beginning

Genesis: The Beginning

In the beginning there arose an idea.Many would consider leveraging equities as misguided in what, by all indicators, is: late in the cycle; the end of a ten year bull run; the precursor to a recession.After months of research and deliberation, I decided to invest on my own terms regardless of these facts. Without sounding [...]