Each week, our team publishes a blog and webcast.
Our definition of “contrarian investing” is to purchase stocks that are temporarily out of favour. The reasons for any stock’s unpopularity can vary from a disappointing quarter, an operational misstep, or a poor allocation of capital. However, investing in companies facing an accounting impropriety is a fine line we won’t cross. We view any kind […]
Each month, we select a handful of questions that were asked by clients or soon-to-be clients. We like to post our answers online because others may have that same question as well. Here are a few of the things we were asked about most recently. QUESTION FROM TORONTO: With Donald Trump in office, I was […]
Mullen Group, which provides trucking and logistics solutions largely here at home in Canada, was well out of favour last spring. In fact, the stock price was down almost 20% compared to a year earlier. Not long ago, we wrote a blog on insider trading, arguing that there’s many reasons for an insider to sell […]
The sucker playing poker is the person who has no business playing the game in the first place. However, losing money in Vegas at least accompanies a reprieve from our soon-to-be cold Canadian weather for a few days. Last year, the Ontario Securities Commission published a survey about cryptocurrencies. Its findings weren’t particularly surprising. Too […]
There’s a substantial about of cash sitting on the sidelines. As investors start rotating back into equities as interest rates fall, we expect to see stock prices move higher. Currently, a staggering $6.5 trillion is parked in money market funds in the U.S. These funds function much like cashable guaranteed investment certificates (GICs), offering a […]
Each month, we select a handful of questions that were asked by clients or soon-to-be clients. We like to post our answers online because others may have that same question as well. Here are a few of the things we were asked about most recently. Question from Toronto: How do I compare to the demographics […]
As contrarian investors, we look to invest in ideas that are temporarily out of favour. Until recently, real estate had been a contrarian investment. Not knowing the true long-term effects of work-from-home, many have sought to avoid the space, especially in a high interest rate environment. However, real estate comprises many subsectors – office, retail, […]
We expect the market to propel higher regardless of the Presidential Election outcome on November 4. Between 1952 and today, the market has almost always driven higher regardless of the President’s political stripes. There’s no question that the S&P 500 returns have been far superior under Democratic than Republican administrations. In fact, ever since Eisenhower […]
We often receive similar questions from different people. Our communication with clients makes us better stewards of capital. If one person is thinking about something, chances are that there are other people wondering the same thing. Of the many emails and phone calls we receive each month, here are four questions we pulled from our […]
Last month, we discussed common cognitive biases that many investors face. Dr. Jack Muskat joined our webcast to explain several psychological biases that investors often deploy—sometimes to their detriment. Your stock isn’t more valuable just because you own it (“the endowment effect”), nor should you place much reliance on the price you paid to buy […]
