Friday, July 12, 2019

This week's interesting finds

July 13, 2019

Stranded Nation – A documentary that every Canadian should watch

A 68-minute documentary explaining just how much oil and gas resources are integrated into Canadian society. The creator of this documentary, Heidi McKillop, went from growing up in New Brunswick, studying social work and opposing hydraulic fracturing, to making her way west and eventually working for an oil firm in Calgary.

McKillop’s goal is to inform people across Canada, particularly young people, of the importance of the Canadian oil and gas sector and the benefits it provides to all Canadians.

Banks’ cash return yield

Hard to believe the payout yield is 11% for the group a decade after the financial crisis.

A database that details the history of nearly every major North American company

Investment biases

Our investment bias shows up in many different forms but often where we live can influence the way we allocate our assets. For example, investors in the southeastern US on average allocate 14% more of their portfolios to energy-related companies than the national average. This isn’t a surprise as states like Texas and Louisiana are 2 of the 3 largest oil and gas producers in the US. It's important for investors to be aware of these biases and employ a disciplined investment plan that can help minimize them.