RE:CJ and Nuttal@JayBanks: I will preface this response by stating at the onset that it is not meant to sound adveserial. However, your message is factually incorrect on so many point. I will do what I can do address just a few of those factually incorrect points.
First, the list of Nuttall's top 10 stocks are his actual top 10 holdings of his fund (i.e., Ninepoint Energy Fund) as of May 31, 2021) and NOT 'opportunties'. He is required by financial regulators to publicly disclose his top 10 holdings as is the case for all mutual funds in Canada.
Second, Nuttall has NEVER claimed to have held 20-25 companies in his fund. He takes on concentrated positions and consistently says that he holds only between 11-14 names in his fund at any given time.
Third, there is no verifiable proof that he has completely sold out of his position in Cardinal. Read my original message carefully. What I said was that as compared to his public disclosure of top 10 holdings from April 30, 2021, Cardinal is no longer among them as of May 31, 2021. This means that he has either sold out of his position in CJ completely or he has significantly reduced the percentage of the net asset value (NAV) of his fund allocated to CJ. The proof of this is on the Ninepoint Energy Fund webpage, which discloses that CJ is no longer a top 10 holding. See: https://www.ninepoint.com/funds/ninepoint-energy-fund/
Fourth, at the time of Nuttall's last appearance on BNN (two weeks ago), he may have been the second largest holder of CJ stock. He will not tell you he is about to sell his stake in any of his holding before he actually sells it as that would drive the stock price down before he unloads. Likewise, he will not publicly tell you what he plans on buying before he does as that might riase share price before he buys in. This is not him being unethical -- this is what he should be doing to fulfill his fudiciary duties to his clients.
There are a few other points about which you are incorrect, but I'll end this message for now. Hope you find the details of some use.