Illuminating dark chambers to find hidden treasure.
Recent Articles
Inflation in the 1970s
The world seems to be breathing a sigh of relief as the United States’ abnormally high inflation is falling – and fast. But one thing we have begrudgingly learned over the past three years is that nothing is ever that easy. There was a time, forty years ago, when inflation peaked unprecedentedly and fell just as fast. Only to rise again, nearly 3% higher than its first peak. After an unprecedented rise of 6.2% between October 2020 and 2021, the United States reached an inflation level of 9.1% in June 2022. Inflation was the highest it had been since 2008. Thanks to intervention...
Reitmans
Reitmans is a family-controlled business (via ownership of a controlling share class) that was founded by Herman and Sarah Reitman. The company was inherited by Stephan F Reitman who is currently the president and CEO. Most retailers were decimated by the pandemic, and Reitmans was no exception- the company entered into CCAA (Companies’ Creditors Arrangement Act), a form of Chapter 11 bankruptcy. However, the company emerged in better shape than ever with very preferential lease agreements and cash flow that almost approximates its market cap. Even before the pandemic retailers were losing...
Rethink The Atom
For many, the word ‘nuclear’ conjures up grim ideas of radiation, mushroom clouds and war. Scientific developments have these sentiments changing rapidly to abundance, sustainability and peace. Nuclear is more reliable than any other energy source. It is also among the safest and most environmentally friendly of them all. Despite this, the world is moving towards reactors at a maddeningly slow pace. These are the concerns hampering public support for nuclear energy: The fear of nuclear power. The same reaction that is currently used to generate energy in a nuclear reactor can be used to make...
