Dollarama has negative book value – Is this a massive risk?
A reader asked a very interesting question on the comment session: “With the recent price drop in Dollarama, I am tempted to start a position. However, its book value per share is negative. Would this be a concern?” Before diving into Dollarama’s...
My DGI Portfolio: October 2019 purchases (US companies)
As I mentioned on my previous post of my recent Canadian companies purchase, the market as a whole might be overvalued, but the beauty of value investing is that there are always bargains to be found (individual companies trading below or at fair valuation). Like...
My DGI Portfolio: September 2019 purchases (Canadian companies)
The market as a whole might be overvalued, but the beauty of value investing is that there are always bargains to be found (individual companies trading below or at fair valuation). Quality and valuation are 2 important drivers of return: a quality business will...
My DGI Portfolio: July 2019 purchases (US companies)
The bull market continues strong, and a lot of companies are becoming very expensive. But even in a generally overvalued market there are reasonable valuations to be found. Therefore, it’s paramount to have an approach focused on value and quality. A value investor...