Investment Q&A

Q: Hello 5I team.Currently down 30%.Considering tax loss sale.Would 5I wait the 30 days to buy back or at this time rather invest in another name that is off but would have as good if not more potential bounce going forward not.Considering any sector?Thanks again Larry

Q: I am looking for Crypto ETF. What are your thoughts on BLOX crypto ETF.

Thanks for your excellent advice

Q: Good Morning

Is there any news or reason for the recent slide in value dispite what I believed were pretty good results?

Thank you

Q: Your comments on the prospects of MARA.US will
be a great help.

Thanks
Tom

Q: If you held GSY and PRL in a taxable account and were down about 35% on each. Would you sell to claim the tax loss and buy back a month later? Or if there a decent risk of either going up in the next month? Thx

Q: Hi. I've built positions across the digital asset and payments ecosystem that I'd appreciate your perspective on. My current holdings include: direct Bitcoin ownership (DCA monthly for store of value), FETH (smart contract infrastructure exposure), GLXY (institutional crypto services plus AI compute optionality), and PYPL (established fintech playing multiple angles; PYUSD stablecoin, BNPL, crypto trading, traditional payments, and I use PYPL quite a lot myself). I do also own JPM.

I'm considering adding CRCL but struggling with the valuation at 79x forward earnings (although it is 31x 2 years forward). My thesis is that I already capture stablecoin growth multiple ways; FETH captures a lot of stablecoin volume, GLXY services institutional stablecoin users, and PYPL's PYUSD gives me direct issuer exposure with less regulatory risk since they have diversified revenue streams.

CRCL feels like paying growth multiples for what I think might become a "utility-like" business earning regulated fees. Also, if stablecoins become critical infrastructure the regulatory hammer could fall hardest on pure-play issuers like Circle versus diversified players.

I think my current portfolio seems to cover the bases; Bitcoin for macro crypto adoption, Ethereum for DeFi/Web3 infrastructure, GLXY for the picks-and-shovels institutional play, and PYPL for the mainstream fintech integration angle (+ maybe JPM).

Am I missing something by passing on CRCL? I'm interested your thoughts on whether CRCL offers unique exposure I'm not getting elsewhere? Or if there is something I am overlooking?

Q: Please comment on the offer. What is the likelihood of a better offer than $3.10 per share coming forward? Do you recommend selling shares now, or waiting?
Thanks

Q: Can you comment on the relative attractiveness of BN post earnings.It dropped about 8%….

Q: Could you please comment on DEFI's quarter results.

Q: With some miners turning there business models to Data Centers, do you guess the unit price here will move more on the Data centre theme or price of bitcoin? Same question for GLXY?

Q: Hello. Would love your thoughts on BN's earnings. Seems like the market did not like them - ADD or HOLD on the ~6.5% move lower on Thursday?

Thanks as always.

Q: Why was BN down by more than 6% today. Is it a buy or a sell

Q: Your thoughts on POW's most recent quarrter. Thanks
Robert

Q: Hi Peter, what do you make of GSY at this point is it a buy, sell or hold.

Q: What is your comment for the earning report? Is the current price is good to buy in now?

Q: Please update your opinion on CRCL (last Q was Nov 4) based on today's price of $98. Quite a fall from the peak and JP Morgan among others have recently downgraded with targets in the $90's. I have been waiting for an entry point and would respectfully ask that you explain why it continues to fall, how low you think it could go based on news, fundamentals and technical support and what your strategy would be for building a full position. If you would wait, please outline a target price and what you would need to see to get involved. A cherry on top would be a two year price target, what needs to happen for that target to be achieved and a percentage chance of that happening.

Thank you very kindly for the excellent ongoing analysis.

Q: So further to Elmer‘s question from yesterday, can GSY pull itself out of the penalty box with great news in one quarter or is this pretty much a sit tight and wait for several quarters for reversal type story?

Q: I own all the various Brookfield entities on the US side of my TD Waterhouse accounts. I did this to ensure I receive the USD dividends without paying exchange fees to convert them to CDN. Recent Q&As have confused me:
- are there instances where the currency conversion still happens even though the stocks are held on the USD side?
- if so, how do I avoid that
- can you confirm what the current yield is for each Brookfield entity and if its paid in USD or CDN

Thanks

Q: Can you please comment on any concerns about this company as well as perhaps some positives, including some of the items below?

- its profitability during a potential recession.

- 2.7% earnings yield

- High Enterprise / EBITDA ratio

Thanks.

Q: Good morning,

With a 10 year time horizon and not overly concerned with yield, would you go with BIP or BN?

Thank you.