My god, the last post has been a fucking hit. Everybody across Canada seems to have read it.
It's my Reckless so far. You know, every artist has a Reckless. Bryan Adams had a Reckless in 1984 and it was his biggest hit. So, that boring post is my Reckless.
Thanks to everybody for your contribution. It was very interesting and sometimes strange to see your picks. Nice discussions in the comment section too. I'm beginning to like and even love some of you. We should meet in a spa or a sauna someday.
Which brings me to another kind of social gathering. Have you been to Boxing Day? I know I'm a little late about that topic, but this year, in the Quebec City area, the boxing day was very quiet. I went to a few stores and in some places, it looked like a friday at 6 PM.
What happened? Was it Amazon's fault?
We've heard about Amazon for many years now. The investor's day transcripts of Sequoia Fund are full of references about "brick and mortar" stores that should or should not be affected by Amazon. Well, this year, it looked like everybody bought online instead of in those "brick and mortar" stores. Was it different in Montreal, Toronto, Vancouver and Yellowknife? Maybe it was just here that something happened...
Another big change that's happening is related to electric and self-driving cars. Will they destroy Exxon, Chevron, Couche-Tard and Casey's? Will they destroy insurance companies because there'll be no more accidents?
Have you thought about your portfolio versus these changes? Are you protected? Should you be protected? Do you understand what I'm talking about? Have you reached a point of non-return in existentialism making you say "So what?" about everything?
Well, for myself, I don't see a lot of impact to my portfolio, with these probable changes. Maybe on Couche-Tard. Maybe on Ross Stores. Actually, they both look like two of my most solid investments. But there may be some threat that's appearing...
Except for that, I don't know. What's your opinion?