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DewDiligence

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DewDiligence

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Re: oldberkeley post# 9356

Friday, 12/26/2014 12:00:43 PM

Friday, December 26, 2014 12:00:43 PM

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PCL is one I’ve held for a long time and don’t plan on selling. It’s not exciting, but it’s an excellent vehicle for capital preservation that also gives you tax-advantaged income and thematic* growth potential. The CEO just gave back a $1.8M bonus (#msg-109031936), so I think it’s safe to say that management is shareholder-friendly!

I’ve commented extensively about PCL on this board, so there’s no need to repeat everything here.

*Thematic means connected to The Global Demographic Tailwind.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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