[EP. 14] - Why I sold out of Starbucks; Scotiabank & Quebecor Updates; Brookfield DTLA Fund; Bruce Flatt's Eternal Optimism
Welcome to the Newcomer Investor Channel! The overarching goal for this channel is to share insights, learn from each other, chat about the beauty of investing and foster healthy debate by sharing various viewpoints. NOTE: This podcast should not be taken as financial advice, and is for entertainment purposes. Connect on Twitter: @NewcomerInvest Subscribe on Youtube: Newcomer Investor Email me at iamthenewcomerinvestor@gmail.com (0:00) - Intro (0:40) - Why I sold my Starbucks shares $SBUX (3:35) - What I bought with that money, and why (4:46) - What went wrong at Scotiabank and what I plan to do with my shares $BNS (7:45) - Quebecor Update - No dividend raise!!! $QBR (10:55) - Latest updates on Freedom Mobile deal (11:30) - Politics of Canada & Quebec: why I think the deal will go through (14:18) - Reduced my position in Aecon $ARE.TO (15:20) - Why I am not worried about the recent news on Brookfield DTLA defaults $BN $DTLA (17:18) - Non-recourse debt (18:16) - Bruce Flatt on DTLA & Brookfield real estate (19:52) - Why Bruce Flatt is optimistic in today’s market environment MORE MATERIALS I REFERENCED BELOW Article about the DTLA defaults: https://www.bloomberg.com/news/articles/2023-02-14/brookfield-defaults-on-two-los-angeles-office-towers?leadSource=uverify%20wall Full Bruce Flatt interview: https://youtu.be/pSbEg2DRxqo