Canadian Dividend Investing: A Conversation With Nelson Smith

Newcomer Investor

Welcome to the Newcomer Investor Channel, where we uncover the story behind great businesses and make investing accessible and fun for everyone!

In this episode, I chat with Nelson, the founder of the Canadian Dividend Investing Newsletter, and one of my favourite people in the FinTwit space! We discuss his investing strategy and his perspective on a range of stocks.

Please note, this conversation was recorded on October 16th. As a result, any references to specific future dates/events in the episode may refer to a time that has already passed.

Connect:

Newcomer Investor on X: ⁠https://twitter.com/NewcomerInvest⁠

Newcomer Investor Email: ⁠[e-mail]⁠

Nelson on X:

https://x.com/CDInewsletter

Subscribe to the Canadian Dividend Investing Newsletter: https://canadiandividendinvesting.beehiiv.com/

Episode Highlights:

(0:00) - Intro

(1:00) - Who is Nelson?

(4:30) - Nelson’s investing style

(6:22) - TD’s $3B fine and asset cap

(13:20) - Canadian Big 6 Banks

(17:50) - EQB

(26:05) - American banks

(28:25) - A&W

(38:50) - Restaurant Brands International (Tim Hortons, Burger King, Popeyes, Firehouse Subs)

(46:30) - McDonald’s

(51:30) - Yum Brands

(54:20) - Alimentation Couche-Tard

(1:00:00) - Parkland Fuels

(1:06:50) - How will EVs affect the convenience industry???

(1:09:00) - Nutrien

(1:14:00) - Dollarama

(1:20:00) - Rogers Sugar

(1:23:00) - Grupo Aeroportuario

(1:26:00) - Polaris Infrastructure

(1:31:00) - Why no Asia/Europe stocks? Why so many holdings? Why no ETFs? Favourite/best stock ever?