Vancouver stock market insider on the hunt for the next Big Score. Join me for biz secrets, titan stories, and new deals. Ex https://t.co/SWVyELga4D founder (sold ‘21).
Feb 14, 2023 • 14 tweets • 3 min read
He's often called Canada's Warren Buffett
Jimmy Pattison is a shrewd CEO & value investor who built a $16 BILLION fortune (Forbes)
But, Jimmy made & lost a killing in the #silver market, turning $25K to $78M in a few yrs before losing it all in a few months
Or so he thought🧵:
There's a joke in mining that if goldbugs are crazy, then silver enthusiasts are truly deranged.
The boldest silver investors ever were oil billionaire brothers, Nelson Bunker and William Herbert Hunt, who tried to corner the market in the late '70s as a hedge against inflation.
Feb 14, 2023 • 7 tweets • 2 min read
Jimmy Pattison's $16B (Forbes) empire employs 50K people. His incredible story includes becoming sole shareholder, and at 94, he still tap dances to work. A quick thread:🧵
At the age of 39, Jimmy was a burgeoning car dealer and owner of two local radio stations when he made a bold move in the stock market. He acquired a 20% stake in Neon Products through a hostile takeover in 1967, and rebranded the company as Neonex International.
Jan 12, 2022 • 44 tweets • 12 min read
In 1990, one man incredibly owned 49% of Newmont, the world’s largest gold mining company.
He was one of the wealthiest and most charismatic capitalists who ever lived.
This is Sir Jimmy Goldsmith’s unbelievable story:
Jimmy Goldsmith was born into a family of prosperous outsiders.
His ancestors took refuge from religious persecution at the turn of the 16th century in the Jewish ghetto of Frankfurt, Germany.
Oct 20, 2021 • 11 tweets • 3 min read
Mining legend Ian Telfer dropped some real talk about the gold space in a new interview.
I was so surprised by his candour that I listened twice and made some notes.
Thread 🧵:
He became a giant of the industry growing Goldcorp as CEO through acquisition in the 2000s with @Frank_Giustra.
Telfer also co-founded Silver Wheaton (now Wheaton Precious) as a spin out of Goldcorp and is a major Canadian philanthropist.
Oct 20, 2021 • 6 tweets • 2 min read
“You don’t have a business until you can replace yourself within the business.” - advice to solopreneurs
A quick story on someone who did this to a tee. 🧵
Former US Air Force serviceman Steven John built one of Youtube’s biggest audiences entertaining Children.
Founded in 2014, Blippi has 14 million subscribers and earns over US $8M according to estimates.
Apr 4, 2021 • 18 tweets • 4 min read
The richest gold mine in US history has yielded 45+ million ounces since 1987, transforming its owner from a small player to #1 in the world.
Yet a 50% stake in the same asset was valued at just a dollar a year earlier.
Thread:
He’d already lived an amazing life, but Peter Munk was new to the mining sector.
At 16, Munk escaped Nazi occupied Hungary in 1944 on the Kastner train of 35 cattle wagons. After WW2, he moved to Canada and studied electrical engineering.
Apr 2, 2021 • 16 tweets • 4 min read
One of Canada's top CEOs and a hero of mine died unexpectedly six years ago yesterday. I can't believe it’s been so long.
He had just celebrated his 52nd birthday on the Big Island of Hawaii surrounded by loved ones.
Here's the story.
Then CanaccordGenuity CEO Paul Reynolds completed the 2014 Lavaman Waikoloa Triathlon in 3 hours 38 minutes.
After kissing his family and telling them he loved them, Reynolds began the 2015 race at 7:30am beginning with the 1500metre swim.