This week, Barry and Ernest discuss the risks of alternativeinvestments and explain why long-term investing makes sense, before reviewing the current state of Canadian banks.
0:00- Intro
2:20- Are alternatives suitable for investors?
13:25- Cracks in the housing market impacting banks
15:55- What does long-term investing mean?
19:30- What a long-term investor should look for?
22:30- How incentives lead to short-term performance
26:35- Building conviction through research for the long-term
29:52- Incentives to sell "losers"
36:00- Update on Canadian banks
