BeSmartRich

Belated 2021 performance update

Hope everyone is doing well. It has been a while. Covid has been terrible but my family is doing well and healthy. Although my work has been keeping me very busy I have been feeling the Covid fatigue. Days seem the same everyday. Working, eating, taking care of baby, sleeping then repeating for 5 days then weekend which is pretty much the same without working part. We are very outdoorsy people…

BeSmartRich’s Portfolio update mid-2021

It has been a wonderful 2021 so far. The baby girl is growing very well and healthy. The life is little less empty than before with her and my wife. Work is going okay. Has been very busy but getting more stable recently. Still working from home spending tones more time with the baby and wife. I did not miss a thing with the baby growing up thanks to working from home. Her first word was daddy…

Killing two birds with one stone

Howdy! Many months since I last wrote. Who imagined having a baby would take up 90% of my free time? I certainly did not. Kudos to all the parents out there. If anyone has more than 3 kids, you guys deserve a national recognition.   There is another reason why I have not really written anything for a while. I have been feeling that I got nothing important to talk about that would be worthy of…

BeSmartRich’s portfolio update 2020 edition

Hello my fellow financial independence fighters! Howdy? When was my last update on portfolio? May 2020? That was 7 months ago. Crazy. Covid has been insane. What happened to Capitol is crazier.   I guess everyone hates it. Only thing positive about Covid is I get to spend more time with my wife and our new born. Baby grows quickly. She was 3kg when she was born. Now she is at 5.4kg who just…

Howdy!

It has been a while.

Lots happened with me.

  First of all, my new hosting company sucked. My website crashed 3 times last 3-5 months for god knows how long.

Penetrator asked me whether I stopped writing in my blog several months ago and guess what it was crashed for several days!

Then it crashed again 3 weeks ago then 3 days ago.

What the hell!

This crash never happened with Godaddy for…

Pessimists look smart and optimists make money. Which one do you wanna be?

Pessimists look smart and optimists make money. Which one do you wanna be?

  Howdy readers of the blog.

Sometimes I have a hard time understanding how you guys keep coming to my blog even though I update the blog rarely.

Thank you for coming!

  I wanted to talk about optimism today and how it impacts to everything.

I have always been an optimist. I don’t have time to waste about anything that…

BeSmartRich’s portfolio update May 2020

Hello everyone.

It has really been a while. Sorry guys for bailing for last 3 months or so.

The virus had impacted me and my wife on many levels so been busy taking care of that.

  Market crashed then recovered!

The best thing to do for many investors with solid companies or index funds is not doing anything stupid during crash as many of the great companies you own will recover and may even…

BeSmartRich’s portfolio update-2019

  Howdy! As always it is good to be back.

  Embarrassing that I am updating 2019 performance on 19th day of January. Oh well… I did not care that much of the performance in 2019 rather, I have been purely enjoying stock picking bets that I made in 2019 that helped me keep up with the performance of other great performers (I saw some did over 50-60% of returns in 2019- Hats off to them!)

  2019…

BeSmartRich’s portfolio update- November 2019

Welcome to my portfolio update for November 2019.

Why did I pick November 16 to give you an update?

It is because many companies would have filed their Q3 earnings results (except some retail companies with Jan 31 year end).

  My life isn’t action packed. Pretty much living day to day stuff with family, hiking, outdoors, dog, working out, eating, drinks etc.

So earnings seasons which happen 4…

Top 30 performing TSX stocks for last 3 years. Can you guess what the top performing stock is?

TSX just released TSX 30 which shows top 30 performing stocks as of June 30, 2019.

To make TSX 30, the stocks must be listed for at least for 3 years either in TSX and TSXV with at least 1 year on TSX with minimum market cap of $50 million as of June 30 ,2019.

Without further ado, here you go.

      The top is Canopy Growth… I did not expect this at all… FOMO weed stock topped on thousands of…

BeSmartRich’s portfolio update- September 2019

Doomsday

  Lots of doomsday headlines in the world lately.

Trump trade war with China and his tweetstorm

My fellow Korean Kim JungEun doing the typical routine of launching and testing long range missiles.

Massive protest in Hongkong

Amazon fires and Brazil president going rogue

Brexit and real wacko Boris Johnson

Mr. Tough guy Bolton gone and potentially changing narratives with Iran

Nationalis…

I had been great at long distance running ever since I can remember.

Mostly first in school among probably 400-500 same year old kids every year until finishing high school.

I was not taller or more athletic than other kids.

  When I was young, I had to worry about what to eat for my lunch or supper.

Many times, I hung out good friends’ home for supper. Their parents fed me.

Lunch? Schools fed…

BeSmartRich’s portfolio update- June 2019

  Toronto Raptors

Toronto Raptors became NBA champion last night. It was absolutely fantastic.

My wife worked a night shift as a nurse so I picked her up around 11:45pm on the Queen street west when Toronto Raptor just became NBA champion. We heard that from the radio on the way back home. Everyone got out of bars so the streets were full of drunk people with too much excitement.

We stopped at a…

Jeff Bezo’s Amazon is like Warren Buffett’s Berkshire but younger, faster and more risk taking

I bought some Amazon stocks not so long ago when it was around $1,500. 

I clearly understood why I never bought it until then…

  Valuation…

  I have been owning Alphabet for some time. The decision to own Alphabet was easy.

I could not live a day without Alphabet’s products. Google, Google map, Youtube…

Also it made cash flows and valuation has always been compelling. 

  Amazon? I occasionally…

$25B great performing monster stock that almost no one ever talks about.

  As I gain more experience with the markets, the more I find myself puzzled.

How come no one ever talks about this beautiful performer that has been delivering year after year over last decade or so?

Is it because this company never paid dividend?

Is it because people do not even know whether this company exists and being traded in TSX?

Why are Canadian retail investors far more into Canadian…

Reader’s email- Lassonde, Dollarama, Constellation Software, Winpak, MTY, New Flyer, Stella Jones

I mostly get emails from advertisers and collaborators several times daily but sometimes I get emails from worthwhile readers of my blog. Here comes Mike who is an university student but has already started his investing journey. That’s very early. When I was in university, all I cared about was music, partying and girls so kudos to you Mike.

Here goes Mike.

  Dear BSR,

I am one of your and…

Canada’s Warren Buffett, Mark Leonard’s Constellation Software growth story continues with Q4 earnings results

  The Machine, Mark Leonard

Revenue grew 21% ($831M vs $688M)

Organic growth 2%

Adjusted EBITA grew 29% ($226M vs $175M)

Net Income grew 135% ($179M vs $76M)

Adjusted Net Income grew 33% ($187M vs $141M)

Acquisition during Q4= $69M

Cash flow from operation grew 28% ($208M vs $163M)

Well deserved Mark, well deserved…   Market Cap GrowthConstellation Software’s current…