While I don’t think that Dollarama is extremely compelling at the current P/E of 26.5, I do own the stock because I am trying to diversify. The company’s earnings growth is impressive and I like the new CEO, even though his father passed on the family business in 2016. And while the related party transactions continue under Neil Rossy, they haven’t meaningfully impacted shareholder returns in the past two decades.
Walmart is one of the best performing stocks of all time. Sam Walton’s stake in the company made him the world’s richest person. I enjoyed his book as it gives a good historical perspective on the sector and has some useful business insights.