A fantastic combination in the highly regulated, oligopolistic Canadian banking market: the banks beat every index and outperform many AI-related stocks! How is this possible? Very limited competition Financials make up roughly 25% of the TSX A government-sponsored oligopoly Foreign players are effectively shut out Tight regulation prevents new entrants, and the cost of entry is enormous Time to ditch the Big 6! https://www.theglobeandmail.com/gift/bf7d9d6039be00147d8b6c3c5567e16e20c334c1d7291f4fe19d6858f63d67d3/GPLSWCIO3VFP3CRLR6YTC4QH6I
578 views
2 Comments
Dividending @dividending · 23d
Time to stay long the Big 6! (Or at least several of them)
See the full comment section 👀Sign up for the full Blossom experience!
