Likely just One of the Daves you know

Joined July 2021
Energy (+ more) 2025 year in review and lessons learned. I had my best year since 2021 on a percentage basis and best year ever on a total returns basis. Fortunately, I had no tax loss selling to do unlike last year. I traded / swapped names more than I planned to but ended up getting a lot right in ‘25. My biggest wins came from loading up on $WCP and $CNQ on the liberation day puke using margin. H/T to @HTMEnergy @ShaleTier7 for publishing some timely notes around Liberation Day that helped my conviction. I also had big gains from $PEY and $SDE in the energy space. Still massively long $WCP and holding $CVE (post MEG deal), $FRU and $TPZ as my energy bets heading into 26’. I avoided options for the most part and honestly don’t miss them. I also had some success outside of energy this year with a large position in $EQX gold more than doubling (patience was required but management is finally delivering on the promise of their asset base and a raging gold Bull market). I also did well buying $IVN when it was beaten up and a basket of silver juniors. I would like to thank @jenstilmanydots and her crew for helping me Up my metals game and the Energy Bros for being a continuous sounding board and source of wisdom. The key lesson learned (reiterated) from 2025 is to buy with both hands when there’s blood in the streets- Liberation Day was a gift for those bold enough to seize the opportunity. My main goal for 2026 is to not round trip this year’s gains. I’ve diversified into mid stream, REITS, and telecom and continuing to focus on energy royalty names (above) and rotated half of my $EQX profits into $ELE to try and de-risk my portfolio a little. I’ll share an updated holdings pie chart soon. Have a great 26 everyone !
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DividendDave retweeted
Of course Bob is voting for the status quo in Toronto Wonder if Bob rides the TTC daily like so many Torontonians, fingers crossed that they avoid the car with the puddle of urine and/or mentally ill drug addicts? Wonder if Bob ever heads over to one of the city parks riddled with used condoms and syringes? Wonder if he goes to bed at night wondering if his car will be there in the morning or if a few of Toronto’s finest criminals out on bail might decide to target his house for an overnight invasion?
I am voting for Olivia Chow for Mayor of Toronto. Her commitment to a city that works for everyone has been clear and deserves support. She is wise and caring. She pushes forward with courage and compassion and has the integrity and consistency we need at this moment.
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DividendDave retweeted
What the hell is happening to this country? Ottawa has decided that, starting November 3, employers will no longer need a Labour Market Impact Assessment for qualifying job offers under parts of the Express Entry immigration system. Think about that. Canadians are struggling to find decent-paying jobs. Young people are having trouble getting established. Families are being crushed by the cost of living. And our federal government is removing a requirement designed to assess the need for foreign workers in these immigration applications. Are you kidding me? I’ve spent my life running businesses, employing people, farming and paying taxes. I understand labour shortages. I understand the value of skilled immigration. But I also understand something Ottawa seems to have forgotten. A government’s first responsibility is to the people it represents. If qualified Canadians are available and willing to work, they deserve a fair shot before employers use foreign job offers to support immigration applications. And given the documented problems with fraudulent job offers, why would we remove a layer of scrutiny instead of demanding stronger accountability? Ottawa says it will still verify job offers. Fine. Prove the safeguards work. I’m sick and tired of watching governments demand more from taxpayers while expecting less accountability from themselves. Why the hell am I paying taxes to a government that can’t even demonstrate it’s protecting the interests of Canadian workers? Enough is enough.
The “high wage” jobs here are $42,700 USD or up. So employers don't have to show a Canadian could not do the job and can hire anyone if the salary is over $42,700 USD, even if a Canadian applied. And there are many instances of employers selling job offers to migrants for cash.
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DividendDave retweeted
Wondering what "globalize the Intifada" meant? This is what it always fucking meant. WAKE UP.
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DividendDave retweeted
As I said before, the contemporary Left is being absorbed by a new wave of Third-Worldism that treats anti-Israel politics as the core axis of moral meaning. Gaza has become the central symbol because it fuses every theme the activist Left needs: victimhood, colonial injustice, racial hierarchy, and global resistance. This is why figures like Greta Thunberg shifted from climate justice to Gaza without hesitation. Climate politics offered urgency but not a revolutionary antagonist. Gaza provides both. open.substack.com/pub/zinebr…
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DividendDave retweeted
The Federal Liberals Want To Restart Full Blown Immigration SOON Which is the WORST possible outcome for Canada It's so ridiculously obvious that the only people who benefit from mass Immigration are Big Business & the Rich The Psyop begins, news items & "experts" commenting
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Replying to @acoyne
Really? You don't think adding 30,000 renters to a metro of 600,000 people in a single year might impact monthly rents? Is housing somehow immune to the laws of supply and demand?
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DividendDave retweeted
That feeling when you vote for the Left based on a utopian fairy tale, but you failed to study History
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DividendDave retweeted
Premise: Incentives drive all human behavior. The corollary: How to destroy a country: A vast social security and support system that serves as a magnet for those who would rather not work. An open immigration policy that does not screen immigrants to determine their ability and willingness to provide for themselves and their families. An open immigration policy that does not screen for political and/or religious ideologies that are a threat to the country. Economic incentives large enough to incentivize immigrants on the state dole to have large numbers of children, but insufficient for educated and economically productive mothers to be able to quit to raise a family. The declining fertility of the most educated and productive women due to their delay to begin a family as a result of their desire and/or need to advance their careers, among other reasons, to live a life they deem consistent with their educational achievements and/or to repay their student debts. Amnesty programs that give citizenship and voting power to illegal immigrants without consideration of their economic productivity or their threat to the country due to their religious or political ideologies. The changing demographics and increased population due to the above factors. The state responding to protests by increasing social support. The continued failure to punish and hold accountable violent and looting rioters. Government managed by a massive and growing unelected bureaucracy. Government fraud, waste, and abuse contributed to ballooning budgets. Anti-business legislation that makes it difficult for businesses to compete in a global marketplace being disrupted by AI, including restrictions on firing even poorly performing employees. Overly burdensome, globally uncompetitive, corporate taxation. Continuous increases in personal taxes to raise funds to provide for the rapidly growing welfare state. The substantial majority of the tax burden levied on a small percentage of the population. A growing percentage of the electorate paying no taxes and receiving welfare. The introduction or threat of a wealth tax including the taxation of unrealized gains, i.e., taxes on paper wealth. The flight of the most productive business builders and highest taxpayers to lower tax countries with lesser security concerns. A growing percentage of the electorate voting for candidates that support increased welfare and laws favorable to, and/or that match the cultural and ideological needs and desires of a growing unproductive immigrant population. The rapid rise in anti-semitism and inadequate efforts to address this hatred. Increased borrowing by the state to fund the growing social burden. Higher sovereign interest rates due to all of the above. The resulting need to reduce expenditures to make the math work. Increasingly violent protests that make life less livable for the productive and law abiding citizens leading to their accelerated departure. And so on…
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Replying to @acoyne
Ya screw those Canadians. You tell em Andrew, imagine the audacity of wanting to train and hire Canadians? But like you, what pushed me over the edge was making having a family affordable. Do you know how insane that would be…..
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DividendDave retweeted
Remember everyone, even though you held a long time and are deep in the green, they aren't #profits unless YOU take them.
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DividendDave retweeted
Happy $20 $WCP day to all that celebrate 🥳
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DividendDave retweeted
🚨Small countries in dangerous times can study Canada closely, mainly as a detailed case study in what not to do at scale. Please stock your Food Banks. Please impoverish the middle class. Please let violent criminals out on bail. Please sell your airports (and other infrastructure) to foreign investors. Please leave your car keys at the front door to pacify home invaders. Please let antisemitism rise to unparalleled levels. Please embrace democratic socialism. Please make housing completely unaffordable for your own young people. Please run the longest healthcare wait times in the developed world. Please expand medical assistance in dying to the mentally ill, the poor, and people who are simply “inconvenient.” Please decriminalize hard drugs, normalize open use, and watch overdoses climb. Please pass online censorship laws in the name of “harms” and “safety.” Please underfund your military to near-irrelevance while lecturing stronger countries. Please run structural deficits for a decade and pile on debt. Please ignore Chinese interference in your elections, universities, and political class. Please impose carbon taxes that raise the cost of food, heat, and fuel. Please drive your fertility rate well below replacement with no serious plan to reverse it. Please import record numbers of people without building the houses, hospitals, or schools to match. Please deliver near-zero productivity growth for years. Please allow tent cities and open drug markets in your downtowns. Please run a justice system that treats property crime and repeat violence as minor inconveniences. Please miss NATO spending targets for decades while claiming moral superiority. Please let foreign state-linked buyers acquire key assets and resources. Please maintain internal trade barriers that function like tariffs on your own citizens. Please tolerate campus occupations and street protests that target Jewish institutions. Please preside over surging auto theft, home invasions, and random violence in cities. Please operate an asylum system that takes years to process claims. Please export your ambitious young people Please impose one of the heaviest tax loads on working and middle-class households. Please embed gender ideology in pediatric medical pathways. Please accept declining educational outcomes and ideological capture of classrooms. Please neglect Arctic defense and sovereignty while others expand. Please let inflation erode savings and purchasing power for years. Please prioritize climate rhetoric and targets over energy abundance and competitiveness. Please watch food prices and grocery costs outrun wages for working families. Please preside over a youth mental-health crisis with rising antidepressant use and despair.
Smaller countries need to prepare for a dangerous world. They should look to Canada (and its prime minister) for an answer on what to do bit.ly/4zwKfVg Illustration: The Economist/Getty Images
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Tafsik Organization wholeheartedly agrees with @NCCM that, as Canadians, we must be free to criticize any and every foreign government, as well as any and every ideology. Let’s start with Islam. There are fundamental tensions between the Islamic doctrine and democratic principles, individual freedoms, and Western values upon which Canadian society is built. When religious ideology seeks to dictate how society must be governed, how power is exercised, whose rights are protected, and which freedoms are permitted, it becomes a legitimate subject of public scrutiny. Islam, particularly its expansionist and authoritarian manifestations, poses a serious threat to liberal democracy. Any ideology that seeks religious supremacy over democratic institutions, individual liberty, and equal rights must be confronted and challenged. Equally concerning is the elevation of historical religious figures beyond moral scrutiny. No individual, regardless of religious significance, should be exempt from criticism or judged by a different moral standard simply because a religious tradition regards that person as exemplary. Religious teachings and interpretations that justify the persecution or killing of Jews, Christians, gay people, apostates, atheists, or women accused of adultery are fundamentally incompatible with the values of a free and democratic society. In Canada, our core Judeo-Christian heritage, alongside our modern democratic principles, demands that individuals be protected from violence and persecution, regardless of their religion, beliefs, gender, or sexual orientation. Judaism and Christianity also contain passages depicting appalling violence and practices that are morally indefensible by contemporary standards. Those passages deserve criticism as well. Over time, however, mainstream Jewish and Christian institutions have undergone significant reinterpretation and reform to reconcile religious practice with modern democratic values. Islam, however, maintains influential religious authorities and movements, which continue to resist the reassessment of certain doctrines and historical practices. Consider, for example, traditional accounts of Muhammad's marriage to Aisha, including reports that the marriage was consummated when she was just nine years old. Whatever may have been accepted in a particular historical context, child marriage is morally unacceptable by today's standards. That principle should not become controversial simply because the historical figure involved is revered by a religion. No religious tradition should be immune from the moral scrutiny we apply to every other institution, ideology, or historical figure. We therefore appreciate @NCCM's willingness to defend the right to criticize all ideologies, including Islam. That brings us to an equally important question. Can we finally distinguish criticism of Islam from hatred of Muslims? The term Islamophobia has too often been used to blur that distinction, treating legitimate criticism of religious doctrines as though it were inherently an attack on the people who follow them. That distinction matters enormously. Muslim Canadians deserve the same safety and protection under the law as every other Canadian. Hatred, discrimination and violence directed at Muslims must be unequivocally condemned. But criticizing Islam, like criticizing Christianity, Judaism, or any other ideology, must remain a protected freedom. Moving forward, let us call hatred against Muslims exactly what it is: anti-Muslim hatred or bigotry. Let us fight that hatred together, without using accusations of prejudice to silence legitimate debate about religious beliefs and ideologies. Freedom of expression cannot be selective. Religious freedom cannot mean freedom from criticism. And protecting people from hatred must never require protecting ideas from scrutiny. We welcome @NCCM's commitment to that principle. Now let us apply it equally. To everyone. Without exception.
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DividendDave retweeted
Canada's Mass Immigration (2017 to 2025) was the worst economic policy decision in Canadian history. It was NOT progressive; it was, in fact, extremely REGRESSIVE. It transferred wealth and market power: ➡️from the Young to the Old, ➡️from the Poor to the Rich, ➡️from Labour to Corporations, and ➡️from the Renter Class to the Owner Class. Prior to 2015, immigration to Canada was high and focused on high-skilled, high-wage labour. In 2015, THIS government CHANGED the RULES, which shifted the focus to low-skilled, low-wage labour. This hurt the job prospects of young Canadians entering the labour market, put downward pressure on wages and lowered Canada's productivity. ➡️bankofcanada.ca/2025/05/staf…) It also increased housing costs, particularly for renters, who tend to be poorer and younger. ➡️bankofcanada.ca/publications… In short, it was horrific for the youngest, poorest and most vulnerable in our society. Never mind the social upheaval it caused. Now that Job Vacancies have normalized and rents are falling, this government is floating the idea of raising immigration. It is outrageous. Worse, it is, again, being pitched as progressive when it is not. It hurts the Working Class; Bernie Sanders was right...youtu.be/vf-k6qOfXz0 The only thing that will improve the standard of living for working-class people is productivity growth. That's it.
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As promised today I am launching what I will loosely refer to as “Foundations of Wealth”, a series of modules starting with broad and basic financial planning and literacy concepts to build a strong base and hope to follow later w/more narrow/specific coverage of various investing and wealth management topics, as dictated by audience/followers. /1
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