Anthony Scilipoti
๐ค SpeakerAppearances Over Time
Podcast Appearances
Well, the case, which is the largest, one of the largest pension plans in Canada, right?
Their mandate is not just to make money for its pensioners, okay?
And this is the civil pension fund, I think second largest in Canada behind CPP.
And one of their mandates is to invest in Quebec-based companies and foster growth.
It's a phenomenon.
I used to think it was a problem, but actually I've changed my way.
I think CPP should do the same.
CPP should be encouraged to invest in Canada.
The U.S.
pension plan should buy U.S.
companies, encouraged to do that.
Anyway, so in this case, you set up in Quebec, you know you've got a set flow of capital that's going to come from this Quebec-based pension plan.
And I remember meeting with the leaders at the case at the time talking about this and they're like, we don't want to own it.
We agree with you, Anthony.
We're worried about all this stuff.
But these are the subtleties that you need.
Again, when you see it's a flammable, you didn't even know that was a flammable item unless you know from the first page, oh, they're set up in Quebec.
And you go, why did that happen?
which is part of the mental model of being curious, to say nothing happens without a reason.
If you notice something and you go, that seems really weird.