Scotiabank has the Cheques and Balances to Justify its Valuation

Yes, Canadian banks are trading at valuation multiples unseen in years. However, comparing these multiples to their historical valuations may not make all that much sense. The banking industry has changed drastically over the years.  Decades ago, banks were mostly just mortgage lenders. They would take in deposits from savers, keep a very small fraction […]

Expect Powerful Gains from Edison International in 2026

This time last year, California was engulfed in devastating wildfires. Thousands of acres of property were destroyed, and it didn’t take long for fingers to point at Edison International (“EIX”). Consequently, the stock plummeted over 30% over a matter of days, wiping out almost $10 billion in the stock’s market value. The investigation into whether […]