Gold Investment Management
Suite 502 Fox One 10226 - 104 Street NW T5J 1B8 Edmonton, AB, Canada

Beyond Meat's market cap passed ConAgra’s yesterday. Conagra: -Was Founded in 1919 -Includes names such as- Duncan Hines, Hunts, Slim Jim, Orville Rendenbacher, Healthy Choice, PAM, Birds Eye, Earth Balance... -Has 18,000 Employees -Does $9.5 billion Revenue Beyond meat: -Founded in 2009 -Fake Meat -383 Employees -$95 million Revenue If Beyond Meat's sales grow at 30% a year for the next 10 years they would still be less than 1/7th of Conagra's current sales.

"Get rich quick and get poor quick are two sides of the same coin" Some rules for money management from the team at GIM. https://gold-im.com/money-things/

Some really cool images We’ve saved from our week of reading. (1/4)Highest grossing media franchises ever: IP creation vs IP monetization is the something to see here. ... The Star Wars revenue diversity is really interesting. (2/4) energy efficiency and transport (3/4) Famous People in History. Here’s how far away you are from famous people in history. 1 generation = 25 years & (4/4) Amazon and the Direct-to-Consumer commerce boom. In this article David Parell outlines the playbook for Direct-to-Consumer brands who want to work with Amazon. The piece is geared towards industry insiders, but anybody who is interested in the future of commerce will enjoy it. They suggest that working with Amazon is a delicate balance. On the positive side, working with Amazon brings instant sales and reduces overhead. But too many brands become dependent on Amazon. Those who do, don’t build the infrastructure required to create a sustainable DTC business. That’s why working with Amazon is such a delicate balance. You can read the full article here. https://www.perell.com/blog/amazon-arbitrage Some statistics that caught my eye: 1. Amazon launched 66 private label brands in 2018. 2. Amazon has ~ 100 million square feet of distribution center space across the United States. 3. Amazon now controls more than 550 brands, and 68% of them are apparel-focused. 4. Amazon’s advertising business promises product discovery for consumers and new product introductions for sellers. It’s already an $8 billion annual business @ Edmonton, Alberta

What is going on? (might be a really good idea to call and renegotiate your mortgage before this administration is reconfirmed or booted from office in 2020) Trade war unresolved ... Economic data slowing Yield curve inversion PMI below 50 = 1) S&P closed at an all-time high Friday, up 17.8% year-to-date, best start to a year since 1997. Canada up 20.4% (in USD$ terms) 2) US Economic expansion is 1 month away from being the longest in its countries history (topping record expansion from '91-'01) AND! 3) The Market is expecting the Fed to cut rates 3 times before end of the year!?!? WTF?! 2019 Asset Returns: Bitcoin: +195% Oil $USO: +24% Nasdaq 100 $QQQ: +22% (technology stocks) REITs $VNQ: +22% (Real Estate investments) S&P 500 $SPY: +19% (Top 500 stocks in USA) Small Caps $IWM: +16% (Smaller stocks) EAFE $EFA: +14% (Europe stocks) Investment Grade $LQD: +11% (A-BB) EM $EEM: +10% (Emerging Markets like China, Korea, Brazil, Argentina) High Yield $HYG: +10% (BB rated bonds or worse) Gold $GLD: +9% Commodities $DBC: +8% (cereals, meat, coffee etc.) Bonds $AGG: +6% (30 trillion dollar debt market) Cash $BIL: +1% (savings account) Charts curtesy of Charlie Bilello @ Downtown Edmonton

Ever wondered why mortgage rates go up and down? Want to know who is directly responsible for setting that rate? Ever been interested in why everyone freaks out over the yield curve? Want to learn about the one economic signal that’s nailed all of the last 5 recessions?...Continue reading

GIM Book review: 7.1/10 A GIM employee just finished "Skin In The Game- Nassim Taleb" which his wife bought for him. It was pretty darn good but it's one of those books we think is more useful to the masses if it's quickly summed up:...Continue reading