What are The Pros doing in the Market? Each quarter I like to interview with a fund manager who I think has his pulse on what's happening in the energy markets.
Today I'm sharing an interview with Martin Pelletier, one of the principals at TriVest Wealth Counsel in Calgary. I only have to manage risk for one person; me. They have to manage risk for a large number of clients which makes their take on the energy markets a bit different than mine.
Keith: Martin, you're on the record recently as saying it's time to take some profits on the energy sector - can you give us some colour on that? Like, do you keep a disciplined selling strategy? Do you have certain numbers and metrics you go by to do that?
Martin: For sure. One thing I look at is what commodity price is being discounted in