[EP. 19] - Power Corporation of Canada: Full Breakdown - Should you buy this stock?
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 only. Connect on Twitter: @NewcomerInvest Subscribe on Youtube: Newcomer Investor Email me at iamthenewcomerinvestor@gmail.com (0:00) - Intro (1:38) - What is Power Corporation (3:50) - Brief History (4:20) - Paul Desmarais's Vision for Power Corporation (6:38) - Power Corporation's Key Principles (7:25) - Long Term Orientation & Prudence dominate their thinking (8:55) - This stock will appeal to risk averse people and/or retirees who want stable dividends (9:40) - Great-West Lifeco: Power's greatest asset and largest contributor (10:56) - IGM Financial: one of Canada's large wealth management companies (12:56) - Groupe Bruxelles Lambert: a play on European stocks (14:40) - Sagard and Power Sustainable (17:24) - Lion Electric & Chinese Investments (19:30) - Answering a question: what is the value proposition in buying Power Corporation? Corporate structure: https://www.powercorporation.com/en/companies/organization-chart/