Sir Royalty Income Fund SIRZF

Primary Symbol: T.SRV.UN

Consumer Cyclical Restaurants

SIR Royalty Income Fund (the Fund) holds investment in SIR Corp (SIR). The Funds' investment, SIR is engaged in the business of owning and operating full-service restaurants in Canada. SIR has concept restaurant brands, including Jack Astor’s Bar and Grill, Scaddabush Italian Kitchen & Bar, and Canyon Creek Chop House, signature restaurant brands, such as Reds Wine Tavern, Reds Midtown Tavern, Reds Square One, and The Loose Moose, which are used by SIR under a license agreement with SIR Royalty Limited Partnership (the Partnership. The Fund receives distribution income from its investment in the Partnership and interest income from the SIR Loan. The Fund indirectly participates in the revenues generated under the License and Royalty Agreement through its Investment in the Partnership.

TSX:SRV.UN - Post by User

Sir Royalty Income Fund > $100M market cap

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Comment by BlueJay2020on Sep 28, 2021 5:38pm

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Post# 33934644

RE:RE:RE:RE:RE:$100M market cap

Hand on heart, I wouldn't change what I did in March/April and since then, in complete contrast to the 5 years previous to COVID! I was 14 hours a day every day doing research and trading and it was incredibly stressful for a while.

It's very easy to second guess yourself and forget what you had to deal with at the time. For example, I could have bought a ton of CNQ when it was $10, and now it's $40. It wouldn't necessarily have been right at the time. I could have pulled the trigger all the way up to $30, but never did - but the stocks I did buy did very well as well.

BUT - there is no room for complacency! The money-printing has to end eventually - when it does it might well get ugly and if it doesn't it certainly will! Very few of us have any real experience in investing in an inflationary economy.

Robsopinion wrote:
Yes sir! From the sounds of it you avoided all of the mistakes and made all the right moves during a major market correction.

lots of people panicked and sold at the bottom wiping out possibly decades of savings out of fear of everything going to zero. The reality is if everything went to zero we, and the rest of the world would be so fuked that having some cash in the bank would be worthless anyways. Look for opportunities, don't panic.

In the words of the greatest investor of all time:
Be fearful when others are greedy, and be greedy when others are fearful.

Warren Buffet