In short: "A year ago you saw Hudson's Bay go to zero" — the bad counterparty that hampered Canadian mall REITs and created the negativity he bought into. The bankruptcy is bullish for the landlords in his framing (better tenants replacing it), alongside Zellers, Sears and Toys R Us as space that will never come back.
36:09So that's one stock that I think will be a very conservative compounder going forward because and the opportunity to buy that name and I think why it's done so well this year because not so long ago a year ago where you saw Hudson's Bay go to zero right and so there was this negativity around but they've been able to play they're replacing the tenants they're improving the tenants what would you rather have Hudson's Bay as a tenant or have a grocery store or have a TGX or Wyinners or low cost with a better
Nothing matches this filter.
Verbatim excerpts from the public transcripts (auto-pulled at each mention's timestamp, lightly cleaned). Timestamps link into the video; "source page" opens that commentator's full analysis at this row. Click a mention's header line to expand it (one open at a time). For personal study — not investment advice.