The investor who made 325x their money

ca.investing.com/analysis/the-investor-who-made-325x-their-money-200597868

By Braden Denis | May 06, 2024 08:44

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In this episode of the Canadian Investor Podcast, I share my observations from my recent travels across Europe, focusing on the evolving landscape of investment opportunities and the significant shift in credit card adoption in Spain compared to my last visit. Highlighting the dramatic increase in credit card acceptance, noting the ease of transactions even with the smallest vendors.

Simon dives into the mechanics of how Buy Now Pay Later (BNPL) companies generate revenue and discusses the intriguing findings from a recent New York Federal Reserve study. The study outlines how the adoption of BNPL services varies significantly between financially fragile and financially stable households, shedding light on consumer behavior and financial health.

Wrapping up the episode, we explore the investment philosophy of renowned investor Norbert Lou. We also discuss the breaking news announcement by the US government to potentially reclassify marijuana from a Schedule 1 to a Schedule 3 drug, examining the potential ripple effects this major shift could have on Canadian cannabis stocks.

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Central Banks

Interest Rates

Next Meeting

BOC

3.00%

Mar 12, 2025

FED

4.50%

Mar 19, 2025

BOE

4.50%

Mar 20, 2025

ECB

2.65%

Mar 06, 2025

SNB

0.50%

Mar 20, 2025

RBA

4.10%

Apr 01, 2025

RBNZ

3.75%

Apr 09, 2025

BOJ

0.50%

Mar 19, 2025

CBR

21.00%

Mar 21, 2025

RBI

6.25%

Mar 10, 2025

PBOC

3.10%

BCB

13.25%

Mar 19, 2025

S&P/TSX	24,584.04	-286.78	-1.15%
S&P/TSX 60	1,481.64	-15.89	-1.06%
US 30	42,671.0	+92.2	+0.22%
US 500	5,759.6	+21.1	+0.37%
S&P 500 VIX	24.87	+2.94	+13.41%
DAX	23,419.48	+338.45	+1.47%
Dollar Index	104.040	+0.012	+0.01%

Crude Oil WTI	66.53	+0.17	+0.26%
Brent Oil	69.69	+0.23	+0.33%
Natural Gas	4.276	-0.002	-0.05%
Gold	2,913.74	-12.86	-0.44%
Silver	33.223	-0.116	-0.35%
US Soybeans	1,028.38	+0.13	+0.01%
US Cotton #2	65.06	-0.18	-0.28%

Bombardier Inc	87.400	+0.510	+0.59%
Enbridge	41.60	-0.89	-2.09%
Air Canada	16.07	-0.60	-3.60%
Broadcom DRC	42.59	-2.87	-6.31%
Apple	235.33	-0.41	-0.17%
Alibaba ADR	139.95	-1.08	-0.77%
Tesla	263.45	-15.65	-5.61%

Canada 5Y	2.745	+0.014	+0.51%
Canada 10Y	3.090	+0.021	+0.68%
Canada 30Y	3.330	+0.025	+0.76%
U.S. 2Y	3.943	-0.021	-0.53%
U.S. 10Y	4.255	-0.027	-0.63%
U.S. 30Y	4.557	-0.022	-0.48%
Germany 10Y	2.8845	+0.1015	+3.59%

The investor who made 325x their money

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