gary17

finally sold most 3/4 of my position in Xpel after thinking at 10x revenue, the valuation is quite rich. my first 18 bagger LOL Snowball - i owe you a Michelin star meal next time i'm in Quebec... when we are allowed to travel again!

Right, but i thought Xpel also owns their own shops so maybe their revenue is more than $200?

Are they $200 a pop ? I always assumed they were $2000 a pop....

rising rates is not good for Fairfax though right?

Defining just exactly what ‘inflation’ is is part of the challenge. One example is real estate in Vancouver. Single family home prices are expected to increase this year 20-30% (maybe as soon as this spring). Crazy. And prices were already at bubble levels. This looks like asset inflation to me. Ever rising prices :-) So i agree rates and ‘inflation’ often don’t move in the same way. Relative to foreigners Vancouver RE has gone down in prices because Canadian currency has devalued significantly. That’s not correct, the CAD has been strong relative to the USD and is close to a 5 year high. https://finance.yahoo.com/quote/CADUSD=X?p=CADUSD=X&.tsrc=fin-srch I was looking at Asian currencies rmb, jpy, skw, hkd, ntd, etc and Euro

Defining just exactly what ‘inflation’ is is part of the challenge. One example is real estate in Vancouver. Single family home prices are expected to increase this year 20-30% (maybe as soon as this spring). Crazy. And prices were already at bubble levels. This looks like asset inflation to me. Ever rising prices :-) So i agree rates and ‘inflation’ often don’t move in the same way. Relative to foreigners Vancouver RE has gone down in prices because Canadian currency has devalued significantly.

nice quarter beat RBC estimates. (not that in matters, i know)

TSMC is a stock I own - has benefited greatly during COVID and this shortage. Also Apple M chips helped. and i don't think it's too expensive , relative to other stocks in the USA.

i guess they didn’t sell any BB

they are cheap because the market is not convinced they can make sound investment decisions - so the market is pricing in future decline of current asset value - hence it's below book value.... if they don't sell BB shares, i think that just gives the market the confirmation they are not good investors and confirm Mr. Market's thesis of value destruction will continue... and hence cheaper prices for FFH shares. my 2 cents.

this stock is clearly benefiting from the huge increase in freight price....is that understanding correct? i wonder how sustainable this is and what this means....

is a hard market better for EPS or not?

bitcoins have no earnings either, no?

thank you, your majesty ;D (Zuck is the real king ruling the world LOL... j/k...)

i like the black and white :) if i put 35x earnings stock is $60! anyway... dreaming is free :)