- First & second purchases: I re-initiated my position in Brookfield Asset Management (BAM.A.TO) @ $45.00 and Brookfield Infrastructure Partners LP (BIP.UN.TO) @ $55.00. Split-adjusted, I didn’t really time the market as well as I hoped, and just got them for a few percentage points lower than sale price; but I am starting off with a smaller position than what I had before the selloff. I will be looking to start building this position back up in coming weeks/months.
- Third purchase: I added to my position in Equinox Gold (EQX.TO) @ $10.00. Equinox should see significant revenue growth in 2020 & 2021 and with it tremendous FCF depending on the spot price. This was an easy decision to add at this price point.
What are your thoughts on these purchases. Share a comment below.
Full Disclosure: Long BAM.A.TO, BIP.UN.TO, EQX.TO. Our full list of holdings is available here.