The $2.2 Billion Contrarian: How to Profit From Unpopular Ideas

While much of the market is chasing the same handful of stocks, Scott Morrison is looking somewhere else. The Founder & CIO of Wealhouse Capital Management oversees $2.2 billion with a contrarian strategy focused on buying great businesses at discounted prices. He joins Amber Kanwar to discuss why international markets are becoming more attractive, where he's finding value today, and how investors can profit from unpopular ideas before they become consensus.In the mailbag, Scott weighs in on whether Canadian banks are too expensive after their massive rally, shares his outlook on BlackBerry (TSX: BB), CAE (TSX: CAE), Aritzia (TSX: ATZ), Groupe Dynamite (TSX: GRGD), Primaris REIT (TSX: PMZ.UN), Propel Holdings (TSX: PRL) and Kinaxis (TSX: KXS), and explains where he still sees compelling value despite a market trading near record highs.In Pro Picks, Scott shares three international ideas he believes offer compelling upside: Shinhan Financial Group (NYSE: SHG), one of South Korea's leading banks trading at a significant discount to its North American peers; Zeta Global Holdings (NYSE: ZETA), an AI-enabled marketing technology company using proprietary data to help businesses improve advertising returns; and Tritax Big Box REIT (LSE: BBOX), a U.K. logistics real estate company positioned to benefit from growing demand for warehouses, automation and data centre infrastructure.Timestamps00:00 Intro01:25 Intro02:25 Scott Morrison’s approach to investing05:45 Businesses with idiosyncratic opportunities, and why Scott is finding more outside of North America10:45 More money chasing fewer opportunities12:50 Hamilton Enhanced Mixed Asset Allocation ETF- MIX14:50 ITM Mailbag: Canadian banks22:25 Blackberry stock (BB)29:30 Aritzia & Groupe Dynamite (ATZ, GRGD)32:30 Primaris REIT (PMZ.UN)37:35 Propel Holdings (PRL)41:00 Kinaxis (KXS)46:15 Scott’s Pro Picks (SHG, ZETA, BBOX)SponsorsFor over 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit https://raymondjames.ca today to discover how you can live a life well planned.Pro Picks is brought to you by ATB Financial.  Visit https://ATB.com/inthemoney for more informationThe mailbag is sponsored by Hamilton ETFs. For more information on the Hamilton Enhanced Mixed Asset Allocation ETF visit:  https://hamiltonetfs.com/etf/mix/ Linkshttps://inthemoneypod.com/ https://instagram.com/inthemoneypodhttps://facebook.com/profile.php?id=61569721774740 https://twitter.com/inthemoneypod https://tiktok.com/@inthemoneypodquestions@inthemoneypod.comDISCLAIMERS The content provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions. Hamilton ETFs Disclaimer This podcast is sponsored by Hamilton ETFs.  The information contained herein should not be construed as investment advice or considered as a recommendation to purchase or sell the mentioned securities.The index performance returns are for informational purposes only and are not indicative of the future returns of the ETF. The returns do not reflect any management fees, transaction costs or expenses. Investors cannot invest directly in an index.Certain statements contained in this podcast may constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to a future outlook and anticipated distributions, events or results and may include statements regarding future financial performance. In some cases, forward-looking information can be identified by terms such as “may”, “will”, “should”, “expect”, “anticipate”, “believe”, “intend” or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. Hamilton ETFs undertakes no obligation to update publicly or otherwise revise any forward-looking statement, whether as a result of new information, future events or other such factors which affect this information, except as required by law.Commissions, management fees and expenses all may be associated with investments in exchange traded funds (ETFs) managed by Hamilto