Welcome to the Newcomer Investor Channel, where we uncover the story behind great businesses and make investing accessible and fun for everyone!
In this episode, I chat with Nelson Smith, founder of the Canadian Dividend Investing Newsletter, and one of my favourite people in the FinTwit space! We discuss his investing strategy and his perspective on a range of stocks.
Please note, this conversation was recorded on October 16th. As a result, any references to specific future dates/events in the episode may refer to a time that has already passed.
Connect:
Newcomer Investor on X: https://twitter.com/NewcomerInvest
Newcomer Investor Email: iamthenewcomerinvestor@gmail.com
Nelson on X:
https://x.com/CDInewsletter
Subscribe to the Canadian Dividend Investing Newsletter: https://canadiandividendinvesting.beehiiv.com/
Episode Highlights:
(0:00) - Intro
(1:00) - Who is Nelson?
(4:30) - Nelson’s investing style
(6:22) - TD’s $3B fine and asset cap
(13:20) - Canadian Big 6 Banks
(17:50) - EQB
(26:05) - American banks
(28:25) - A&W
(38:50) - Restaurant Brands International (Tim Hortons, Burger King, Popeyes, Firehouse Subs)
(46:30) - McDonald’s
(51:30) - Yum Brands
(54:20) - Alimentation Couche-Tard
(1:00:00) - Parkland Fuels
(1:06:50) - How will EVs affect the convenience industry???
(1:09:00) - Nutrien
(1:14:00) - Dollarama
(1:20:00) - Rogers Sugar
(1:23:00) - Grupo Aeroportuario
(1:26:00) - Polaris Infrastructure
(1:31:00) - Why no Asia/Europe stocks? Why so many holdings? Why no ETFs? Favourite/best stock ever?