mranski

My guess is the Cstore is a viable niche long term, in spite of the impact of EV and declining fuel sales. Anecdotally the 7eleven near me has constant lineups, but the vast majority don’t seem to be fuel customers. The ABC stores I visited in Hawaii seem to be very busy mostly without pumps. My guess is the number of service stations has been declining anyway due to land availability, municipal approvals and for other reasons. Couche Tarde recently bought Circle K in Hong Kong, and considering land constraints there, the stand alone cstore must be viable in their plans.

Don’t think there is a thread, but there should be as this is a great Canadian P&C insurer. Intact recently exited the auto insurance market in BC, as the government is bringing in no fault at ICBC. The private insurers are having a tough time competing I guess. There is an army of litigation lawyers that will be losing work.

Navalny apparently poisoned now. This is bad, as Russia may be losing Putin’s most effective courageous critic.

I would ditch the affiliation with Fairfax. Too much focus and commentary on a mediocre investment/company. Maybe Berkshire also.

It always surprises me how much is written about Fairfax when to me, the best Canadian P&C company (Intact) is barely mentioned on this board. Unfortunately it is priced at over 2x book usually. It is hard to say what their covid exposure is so I would get some clarity there first, but it might create an opportunity.

Good list, thanks. There was a Jan 20/2018 post by shalab Titled Great Canada based companies which had some discussion also.

The comments about Barnard make me wonder about the reasons for Paul Rivett ‘retiring’ at a young age. It has to be a big negative to lose someone who was touted as Prem’s successor.

Algoma Central 10 yr numbers on Morningstar are flat by most metrics. It seems to be a dividend with debt.

The Cold Stone Creamery at the honolulu airport was closed when I was there one afternoon in February. It was in a high traffic area where all the other food places were open. There was a sign saying due to unforeseen circumstances. Reading reviews it seems to be closed a lot?

It sounds like they trade in and out of existing or previous holdings instead of buy and hold. Not very buffett like. It makes you wonder about tax drag, but they seem to overcome that. I think I read somewhere that they did well trading BRK.

You shouldn’t have to suffer from second hand smoke, pot or cigarette. This is a serious issue for people that have allergies, asthma or sensitivity to smells. It can affect their lives. Your building or city should have rules to protect your apartment. In my office we had complaints about perfume. At first it seemed ridiculous, but after hearing from people who suffered all day smelling perfume from a coworker, you realize it is a legitimate complaint.

You need to know the comps yourself, and find agent based on them accepting your number. But I wouldn’t give them your number upfront.

There is another thread on this.

Morningstar

Re Sokol/Berkshire Sanjeev, he was suspected of insider trading and misleading buffett, I’m glad he isn’t there.