Everyday Capitalist
@EverydayCap
Followers
1,767
Following
565
Media
184
Statuses
3,300
Owner of great businesses. Self-made multimillionaire.
Canada
Joined March 2018
Don't wanna be here?
Send us removal request.
Explore trending content on Musk Viewer
Jack Smith
• 320749 Tweets
Real Madrid
• 191438 Tweets
Bayern
• 143790 Tweets
Lille
• 130955 Tweets
Tigers
• 115577 Tweets
Massa
• 92264 Tweets
Aston Villa
• 82807 Tweets
Duran
• 80126 Tweets
Astros
• 72968 Tweets
Benfica
• 70514 Tweets
Ancelotti
• 56032 Tweets
Bank of America
• 49351 Tweets
Royals
• 49297 Tweets
Orioles
• 37077 Tweets
Yankees
• 27024 Tweets
#AEWDynamite
• 24513 Tweets
Kalafina
• 20349 Tweets
GOLD RUSH
• 19550 Tweets
World Series
• 19073 Tweets
三角チョコパイ
• 18822 Tweets
岡田監督
• 17031 Tweets
ALDS
• 16668 Tweets
Brewers
• 16275 Tweets
Dimayor
• 15683 Tweets
ファンの思い
• 15253 Tweets
今季限り
• 15244 Tweets
学園アイドルマスター
• 14620 Tweets
Kansas City
• 14375 Tweets
Hyde
• 13171 Tweets
インフォーマ
• 11939 Tweets
AL Central
• 10279 Tweets
ALCS
• 10241 Tweets
انشيلوتي
• 10072 Tweets
Pinned Tweet
The bear case is easy. The bull case is hard. Always has been, always will be.
8
5
54
Crossed the big $1M milestone in the primary
@RBC
investing account this week. Onwards and upwards 📈
6
0
57
Sickening to think back to my initial purchase of $CSU.to in early 2011. 300 shares at $60, $18,000 total, which would now be over $1.3m. Sold half when it doubled, and fully sold on the first break of $1000. Bought 50 back at $1,370, 40 of which I still own and will
#neversell
2
3
54
$ORLY over the past 10 years. 50% of shares O/S bought back, EPS up 8 fold, shares up 7 fold.
3
2
47
It’s looks like $CSU.TO will be near $70 in 2022 FCF/sh (excl. acquisitions) with a net cash balance. 4% FCF yield on those numbers.
6
3
49
“Have you ever wondered where we got the term bankruptcy from? The word ‘bankruptcy’ is derived from the 14th century Italian phrase “banca rupta” -> “broken bench.” During the 14th century, Italian bankers conducted their business and public transactions on benches like in pic”
1
4
33
I have $CSU.TO at ~$75 FCF/share for 2022, assuming typical deal flow. Does a 4.5% FCF yield not seem cheap for a company that is essentially debt free and is growing FCF at 26% (2018-2021 CAGR)?
5
3
29
$CSU.to, $BYD.to, $TVK.to deal machines running hot ahead of June 25th?
5
3
26
Thank you to whoever sold me their $CSU.TO sub $1,700.
4
0
21
Buy list for tomorrow -
$GFL
$TOI.V
$ATD.TO
$LBRDA
And maybe another Amazon call if it doesn’t turn around 😄
0
1
19
@BarrySchwartzBW
With no debt, higher growth in core biz than SPY, less cyclical than SPY, and huge optionality on VR, W/A, shops, Diem...
1
1
18
Sounds like $tvk.to offering is already fully subscribed. Amazing.
4
1
18
$tvk.to all time highs are imminent if markets keep it together
When I bought $TVK.TO shares at C37$ i remember thinking that I came in late and «missed it». Shortly after, I bought more at C55$ thinking that I probably should have waited for a pullback. Now I conclude that timing the market is a fool’s errand. If it is attractive, buy it
6
1
61
2
1
18
$ATD.to buy the dip, quality of biz and mgmt remain unchanged. RBC numbers.
0
1
15
A few lesser talked about but quality names that are ~flat over the past year:
$DSG.TO
$ENGH.TO
$BYD.TO
$ATD.TO
$MKC
$GPN
👀⏰📈
2
0
17
@artcgreen
@WSOnlineNews
What a lousy idea. Can’t wait to blast
@AndrewKnack
at the glenora open house.
3
0
17
Everyday Cap’s top pick for 2024 - $tvk.to. Hard to see it lower than today a year out. Could easily add 20% through acquisitions and another 20% through multiple expansion.
3
0
16
$bqe.v I get it now, and was a big portion of yesterday’s volume.
1
0
14
@JerryCap
My first buy of $CSU.TO was 300 shares in early 2011 around $60. I sold most just over a year later at $100 when the div was announced and one of the founding backers stepped out. Nice gains for a year 🤦♂️! Now here I am adding shares 10 years later at 20x the price.
2
0
13
What I think of every time someone talks about how much they’ve made on their house $meq.to
1
0
12
@cckanaan
Too bad interest and taxes are real costs. EBITDA is a hilarious metric when you’re drowning in debt in a rising rate environment.
Also they end up capitalizing a lot of maintenance work to ultimately put it in the depreciation bucket, hence added back to EBITDA. Enb too.
3
0
9
0
0
9
@AmazingA2117
@artcgreen
It’s not complex. Take away the pipes and needles and remove the social crutch. It’s amazing how problems disappear when you don’t enable them!
1
0
9
Has anyone taken the time to read $enb.to ‘s debt covenants? Marginal free cash flow evaporates hilariously fast when refinancing 100B of debt at today’s rates.
1
0
8
Every Sunday
@jfc_3_
does an interesting and well detailed newsletter covering aspects of financial history. Many of the pieces date back to the pre-1900s and tell stories of people or companies - stories that are often just as relevant today. Highly recommended!
1
1
8
$wpk.to - after a decade of multiple compression and flat share count, the company is putting their massive cash pile to work. The NCIB is now fully filled.
1
0
8
A few good acquisitions and some multiple expansion gets us there.
was a 10bagger over the last decade - EV/EBITDA multiple was mostly stable though.
Added more today, think we 10bag again.
1
5
26
1
0
8
$byd.to pulling back on light $LKQ results. Interesting. Added more.
0
0
8
@PythiaR
Sold the June 11 $73 calls this morning. We will be on an alternate reality if they don’t expire worthless.
0
0
8
$enb Down from here. As a wise fund manager once told me “bloated balance sheets and higher rates go together like steak and shit”.
Sure the assets are great. But enjoy handing the assets over to the debt holders when your debt covenants get breached and your debt gets re-rated
Nice to see the $ENB empire building continue under Greg Ebel. Massive debt and equity offering to fund a marginally accretive deal. Shareholders (dividend etf bros?) lose on this one.
3
1
7
4
0
8
@AmarjeetSohiYEG
Words words words. Edmonton has gone to shit with you at the helm, while you and your social media entourage attend every LGBTQ event or municipally funded fuck up. All respect for your leadership is gone, and I hope you are soon gone too.
@AmarjeetSohiYEG
1
1
8
@BarrySchwartzBW
For those not already long $CHTR, $LBRDK is another interesting way to play Chtr. The bulk of Liberty’s market cap is attributed to their Chtr shares, and the Alaska assets trade for almost nothing. They sell chtr shares into chtr buyback, and buy their stock at big discount
2
3
8
0
0
6
$GFL will have $700-$750M of FCF in 2022 assuming no major tuck-ins. Can make a case for EV of 25B - 7B debt = $52-52 stock.
0
1
7
Lucky, not early $cph.to
0
0
7
$BYD.TO on Dec 17th: “The Boyd Group remains committed to doubling the size of the business, based on 2019 revenues, by 2025.”
1
0
7
It means something when a CEO’s share ownership is 272x his base salary. $GFL
0
1
7
$AZPN - Some commentary from the guys at DKAM back in late 2019. Further adds to
@phoenixvalue
’s posts earlier.
1
0
7
@cap_zay
@CourierCapital
@day_lew
Damien Leonard is Mark’s son. L6 is the major shareholder of PNP, which is all Leonard family money. They just hired an ex CSU VP and it trades well below book value. Illiquid but interesting days ahead of it.
1
0
6
Ametek ($AME) remains entrenched in niche, oligopolistic markets with few substitutes and where over 95% of its products compete on differentiation. Ametek's average market share in these markets is about 30%-plus, with some market shares of about 50%.
2
2
7
“For almost 30 years, we have delivered approximately 20% compound annual investment returns for shareholders - an enviable record of achievement that speaks volumes about the Colliers way of operating”. $cigi
0
1
7
Nice to see the $ENB empire building continue under Greg Ebel. Massive debt and equity offering to fund a marginally accretive deal. Shareholders (dividend etf bros?) lose on this one.
3
1
7
Cleaned up my TFSA today - all of the $VTI is gone and replaced with $CNQ, $SU, $CPG AND $CVE (calls). LOTS of $GXE.TO and $TVE.TO outside of this account. Forgive me
@BarrySchwartzBW
, I understand the many shortcomings of commodity investing but this is the perfect setup.
4
0
7
@RachelNotley
@trevortombe
Absolutely disagree. How do you feel this rhetoric benefits albertans when it’s shortly up to albertans to decide?
6
0
6
If $csu.to had arms and legs.
Aleksandra Mirosław breaking the speedclimbing world record
3K
12K
163K
0
1
5
@BarrySchwartzBW
$ENB says today's acquisition of $D gas utilities is a "once in a generation" opportunity. Many publicly traded utilities trading below the implied valuation
1
0
6
@WTIBull
@SadBillAckman
If you want to make money in real estate, come to Edmonton. Before you laugh, appreciate that immigration is 🔥, price:income is best in Canada, and infill in mature neighbourhoods is nascent.
2
0
6
@RachelNotley
“Stable and predictable”? Predictable underperformance and exploitation of albertans? What a joke.
4
0
6
0
1
6
Happy buyer of $aep.v this afternoon. Lots of runway on this one if the thesis plays out.
2
0
6
@LiviamCapital
$CGY.TO. It’s debt free, growing earnings 30% per year, and is priced at 26x EPS. Arguably cheap given the growth and balance sheet. Could easily go 10x ten years out.
0
0
6
Great hire for Pinetree. Shezad spent over a decade at
@volarisgroup
, most recently as the head of Corporate Development and M&A.
$pnp.to $csu.to
cc
@LibertyRPF
2
2
15
0
0
5
@AndrewKnack
@AndrewKnack
, show me that we can safely ride public transportation, and get taxes under control (minimal incremental cost for 15 min cities) and my opinion might change. Focus
#1
right now should be cleaning up our downtown/LRT/public spaces.
2
0
6
$PEO.V - just bought this on last week’s weakness after earnings. Nice 35% premium.
1
1
5
@MPelletierCIO
$AQN.TO and $SYZ.TO teaching the ‘buy for yield’ crowd a lesson. Buy based on unlevered FCF, not yield.
0
0
6
A bit of a lesson on why NOT to ‘pick up the quarters in front of the steamroller’ via selling calls naked ($AMC edition 🍿):
Over the past year I’ve done quite well selling naked calls on $GME, $COIN, and a few other high-flying names. Easy money, nice alpha!
1
0
6
Public markets are the biggest gift. They allow you to own the world’s best businesses, partner with talented leaders, take advantage of volatile prices, and use cheap liquidity while enjoying tax deferred compounding. It’s amazing, yet many are oblivious!
0
1
6
@JerryCap
$wcp.to and $cj.to. I haven’t owned commodity names in many years (no control over top line), but couldn’t sit on hands given the >20% FCF yields and structural setup in oil.
0
0
4
@BarrySchwartzBW
@jj_shipley
@ErnestWongBWM
How do you go wrong with $CNI here? It’s in line or marginally cheaper than the US tier 1s, with better growth and a better balance sheet. If they lose the deal, stock reverts. If they get the deal, so many avenues for future growth open up? 📈 👌
2
0
5
$CSU.TO - looking forward to the Topicus and TDS spin-out. It’s likely to be one of the next great Canadian software companies!
Topicus income and cash flow statement (FY18).
~19% revenue CAGR ('13-'19E).
$CSU.TO
3
1
24
0
0
5
@TrendSpider
So what, 50-75k shares sold per day? Essentially meaningless given that he has over 400 million shares.
0
0
5
1
0
5
General question for the Canadian Fintwit (
@TheTaxHeroes
?) - at what point does it make sense to roll the personal non-registered portfolio into a holdco?
2
0
5