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Early in my investment career, I used to run into stock-market enthusiasts who you might think of as “recreational investors”. They participated in the stock market the way horse-race enthusiasts participate in horse racing: that is, pick a horse on a hunch, bet on it, and hope things work out in your favour. Back then,… Read This Week’s Q & A
- Q: I have just received an announcement of a mini-tender for Loblaw stock by TRC Capital. It gives Loblaw shareholders the following options: Option 1: To receive $111.11 for each share of Loblaw; and Option 2: Not Participate (Default Option). I have 2,100 shares of Loblaw at the present time. Please advise which option I should take. Thank you for your kind attention.
- Q: Pat, what is your opinion of MercadoLibre (MELI)? Thanks for all your great advice over the years!
- Q: Pat: What is TSI’s opinion of Commercial Metals Co., on the NYSE? Thank you.
- Q: Pat, what do you think about the prospects for FactSet Research, (symbol FDS)? Thank you for all your great advice.