December Update, 2018: The Story Remains The Same

Stock markets around the world have entered the final stretches of the year in a foul mood. While fundamentals are the law in the investment business, the short run price action is all about confidence. Economic growth is strong. Corporate profits are at records. Confidence in the future is low. Markets always overreact to good … Continue reading December Update, 2018: The Story Remains The Same

November Update, 2018: When Markets Fall

Stock markets fall with a great deal more regularity than many care to believe.  Sometimes falling markets reflect investors’ collective fear that profits will fall generally across the economy. The causes of fear can be varied but usually involve concerns of rising interest rates slowing the economy. At other times, political events, trade friction with other … Continue reading November Update, 2018: When Markets Fall

An Open Letter to Prime Minister Trudeau

In 1980, your father’s government designed the National Energy Program (NEP). The goals of the policy as stated in the budget of 1980 were to be the  "security of supply and ultimate independence from the world oil market; opportunity for all Canadians to participate in the energy industry; particularly oil and gas, and to share … Continue reading An Open Letter to Prime Minister Trudeau

September Update, 2018: The Cost of Privacy

We have written regularly about the threat government regulation could have on the information technology companies you own. The headlines recently have demonstrated that our concerns were well founded. Concerns about the power that Amazon, Facebook, Google, and to a lesser extent Apple (we will call them GAAF for short) exert over the world with … Continue reading September Update, 2018: The Cost of Privacy

August Update, 2018: Digital Health

We have frequently written about technology and its impact on different industries. Healthcare, a major area of interest for Davis Rea, touches so many people globally. The perfect type of industry to invest within. Unfortunately, the costs of care are soaring and fewer every day are eligible or able to afford care even as our … Continue reading August Update, 2018: Digital Health

June Update, 2018: Canada Is Going To Pot

Within a matter of months, Canada will have a new industry that, until now, has been beneath the clutches of the “Tax-man” and hence, illegal. Illegal pot is a very big business right now. Estimates are about $8 billion per year. After years of fighting, the government has decided it’s a good business and that … Continue reading June Update, 2018: Canada Is Going To Pot

April Update, 2018: Cars, Entertainment, And How We Stumbled Upon An Investment

About 3 years ago, we began investigating the evolution of the car. It started with our interest in Tesla. We wanted to figure out if this character—Elon Musk—made any sense. Self-driving electric cars? This seemed both possible and probable. We quickly dismissed the idea that any one company—Tesla—would control the market. This proves that you … Continue reading April Update, 2018: Cars, Entertainment, And How We Stumbled Upon An Investment