Editorial thesis / The Canadian Discount
When is the Canadian discount deserved?
The S&P/TSX Composite trades at 16.5 times forward earnings against 20.1 for the S&P 500. A lower price is an invitation to investigate.
The research library
Research briefs, primers and company work.
Each piece starts with a theme that stands on its own, follows the numbers into the filings, and ends with the bear case and the sources. Briefs look at two companies; primers explain a mechanism once so the briefs don’t have to.
1 piece