March 14, 2018

On Wednesday, the S&P 500 was down 0.6% while Toronto was about unchanged.

Toll Brothers was down 1.6% and is worth considering as a U.S. investment.

See the post just below this for an update and comments on Melcor.

I no longer have Liquor Stores N.A. on the list but I am keeping an eye on it to a certain extent. They just released Q4 earnings which included quite a large loss (73 cents per share). But you would have to look VERY hard to find mention of the loss in the press release. It took me a while to find it in the MD&A. They focus on adjusted results and on the future where they claim they will be strong in both liquor and Cannabis. Maybe so… They are under new management. Previous management that had taken over from the founders was terrible. Perhaps the latest new management will do much better.