From Reminiscences of a Stock Operator:
“There is the Wall Street fool, who thinks he must trade all the time. No man can always have adequate reasons for buying or selling stocks daily…The desire for constant action irrespective of underlying conditions is responsible for many
Since Jan 2025, Canada has spent >$3.58B(!) on settlement and resettlement programs for refugees and newcomers.
That's more than the entire amount spent by the Correctional Service of Canada last year ($3.37B).
And it's only October.
Philip Morris with a beat + raise for Q3:
~EPS: $2.24 vs $2.09 est
~REV: $10.85B vs $10.69B est
~Raises FY25 EPS Guidance to $7.46-$7.56
trendspider.cc/PM $PM 🟢 +1.5% pre-market
In inflation-adjusted terms, federal spending has nearly doubled — from $7,330 per person in 1974 to $13,536 in 2024
Nearly 2× higher
Are we getting 2× the results?
British Columbia has now banning the crypto industry from its electricity grid and data centers will have to compete for 100 megawatts of power every 2 years.
BC is rationing electricity to the fastest growing sectors because in an energy superpower country like Canada we don't
"I don't think people understand there's a 100% correlation between a company's earnings over several years and its stock performance." – Peter Lynch
$NVDA