General Information

Name:
Jim Gillies
Fool Since:
October 26 1998
Aliases:
jimgillies (2/15/2006)
Where I Live:
The Great White North
Where I Grew Up:
Montreal
Gender:
Male

Investing Basics

Investing Experience:
High
Risk Tolerance:
High
Investing Style:
Motley (i.e. Anything goes!)
Portfolio Size:
Large (12 or more Stocks)
Types of Investments:
Stocks, ETF's, Options, Warrants, Debt securities.
Stocks I Own:
ALV, AMZN, ANET, AAPL, BBSI, BH, BRK-B, CGNX, CHUY, CMG, DIS, DVA, FB, FFNW, FORM, KMI, LYV, MA, MELI, MKL, NOK, NTB, PAYC, PJT, PRAA, PYPL, RRGB, SBUX, SSW, SQ, SWKS, TDG, TFSL, TMFC, WINA, TSX:BAM.A, TSX:BCE, TSX:BNS, TSX:CIX, TSX:CM, TSX:CMG, TSX:CRH, TSX:DGS, TSX:GUD, TSX:MTY, TSX:NA, TSX:PIF, TSX:PSD, TSX: QSR, TSXV:RX, TSX:SHOP, TSX: SOY, TSX:T, TSX:TSU, TSXV:WED, Short Apr 2018 $25 call on CHUY, Short Apr 2018 $45 call on LYV, Short Jun 2018 $105 calls on DIS, Short Jun 2018 $165 calls on IBM, Short Jun 2018 $14 puts on TSX:BB, Short Jun 2018 $65 calls on RRGB, Short Jul 2018 $22 puts on GME, Short Jul 2018 $135 calls on MA, Short Jul 2018 $62.50 calls on SBUX, Short Jul 2018 $78 calls on TSX:QSR, Short Jul 2018 $40 calls on LYV, Short Jul 2018 $36 puts on LYV, Long Jan 2019 $105 calls on MA, Short Jan 2019 $105 puts on MA, Long Jan 2019 $52.50 calls on SBUX, Short Jan 2019 $52.50 puts on SBUX, Short Jan 2019 $24 calls on VXX2, Long Jan 2020 $20 calls on KMI, Short Jan 2020 $20 puts on KMI, Long Jan 2020 $175 calls on IBM, Short Jan 2020 $175 puts on IBM, Long Jan 2020 $105 calls on DIS, Short Jan 2020 $105 puts on DIS, Short Jan 2020 $17 puts on TSX:BB, Long Jan 2020 $17 calls on TSX:BB,

Investing Favorites

Stocks:
Campbell's Low-Sodium Mushroom

Education And Work Information

School(s) Attended
University of Waterloo (Bachelor of Applied Science - Civil Engineering), University of Guelph (Master of Engineering), Wilfrid Laurier University (MBA - Finance), passed all three levels of the CFA Program and will be eligible for the CFA charter upon completion of required paperwork.
Job Title
Advisor - Motley Fool Options, Lead Advisor - Pro Canada

Interests

Personal Quote:
"Doubt, and find your own light." - Buddha
Person(s) I'd Like To Meet:
Warren Buffett (Mission Accomplished! May 7, 2006, and again May 6, 2007)
Favorite Vacation Spots:
British Columbia - Any Ski Resort, New Zealand, Banff, South of France, Costa Rica
Favorite Sports or Teams:
Toronto Maple Leafs, New York Islanders (apparently, I like lost causes...), Toronto Blue Jays
Favorite Music or Musicians:
Chris Brown and Kate Fenner, and their progenitors, The Bourbon Tabernacle Choir....
Great Books Read Recently:
"The Omnivore's Dilemma" - Michael Pollan

An Interview with TMFCanuck

Last updated: 6/7/2012
The Fool:
What's the best advice you've ever received?
TMFCanuck:
Neither a borrower, nor a lender be;
For loan oft loses both itself and friend,
And borrowing dulls the edge of husbandry.
This above all: to thine own self be true,
And it must follow, as the night the day,
Thou canst not then be false to any man.

Polonius, Hamlet (Act I, Sc. III)
The Fool:
Speak to the dead. You must have something to say. They may be listening.
TMFCanuck:
Can I have your stuff?
The Fool:
Given a second chance, what financial decision would you like to do over?
TMFCanuck:
I'd have saved more when I was younger.

I had a great job all through high school and university (a decade working in a unionized grocery store chain in Canada). I started at the right time so as to have considerable seniority (basically could choose my hours), and made great money (to put in perspective, when I took my first engineering job out of university, my hourly rate was less than my grocery store job).

And I also went to a 'co-op' university for my undergrad, where I would go to school for four months, then work for four months (in an engineering co-op position...this is in addition to the grocery store job), and earn enough (and then some) to pay for the next semester of school.

Yet, I put literally nothing away (although I did graduate university debt-free, so there's that). Moreover, I had rung up my credit card through school and was making the minimum payments.

I mean, sure, my university girlfriend had expensive tastes, but we can't blame her for all of it.

First rule today - pay yourself first! Minimum 10% of gross income goes to investments...ideally more...ideally MUCH more!
[Read the full Interview]