TSX:HOT.DB.V - Post by User
Comment by
flamingogoldon Jan 20, 2023 9:46am
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Post# 35235301
RE:RE:RE:RE:RE:RE:No withholding tax
RE:RE:RE:RE:RE:RE:No withholding taxCurrently, we have an inbalance here. Recall the quote "
Markets can stay irrational longer than you can stay solvent." While the stock is out of favour, it does not properly reflect the current underlying business. Travel is recovering, the payout ratio is conservative and well below 100%. No one ever made a lot of money buying at the top. Take advantage of a good business in a distressed period. This is entirely different from buying a distressed company in a good (or bad) economy. Eventually the market "inbalance" comes back to equilibrium.
rabnud wrote: getting hammered today