Still learning
"Experience is what you get when you didn't get what you wanted." - Randy Pausch After 17 years in the investing business, I still have so much to learn. I continue to learn from others’ ideas and mistakes as well [...]
15 things I’ve learned about investing so far
By Barry Schwartz Over the past fifteen years I've learned a few things about investing and managing money. No two investors are alike. But here's what works for me. 1) I am not a better investor because of my university [...]
Pay attention to a stock that corrects, not a market correction
By Barry Schwartz That's it? The great stock market correction that everybody and their brother predicted would happen in Canada is already over? The week of October 14, 2014 was damaging, especially for those overweight commodities but this correction ended [...]
I like stocks and I cannot lie.
There are parts of the market that are frothy and there are parts that are extremely cheap. Bull market, bear market; this has always been the case. The names may change but the culprits are always the same. When you [...]
Own more with shrinkage
“If a fine business is selling in the marketplace for far less than intrinsic value, what more certain or more profitable utilization of capital can there be than significant enlargement of the interests of all owners at that bargain price?” [...]
Long Live Buy and Hold
LONG LIVE BUY AND HOLD! Warren Buffett has said that his favourite holding period for a stock is forever. That might be taking buy and hold investing to an extreme, but we share the general sentiment. We recently looked at [...]
Rogers has at least $5B of hidden value
Investors in Rogers Communications have every right to be in a sour mood. Competitors, BCE and Telus, have seen their stocks go straight up, while Rogers has done nothing. With a new CEO trying to make a name for himself [...]
Visa – A wonderful business at a fair price
Warren Buffett has said many times, “It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.” But what is a wonderful company? Isn't wonder in the eye of the beholder? [...]
Welcome to the Zone of Reasonableness
Tepper says stocks could rise another 20%. Icahn says stocks are due for a big fall. Buffett says stocks are neither cheap nor expensive, their in the zone of reasonableness. And Schwartz says… Who cares! Let’s focus on the facts. [...]
Wouldn’t you like to be a Pepper (Snapple) too?
Lock the prison door and keep your hands away from the bars. Dr. Pepper Snapple is a stock cannibal that you should buy and put away for good. A stock cannibal is a company that is buying back a significant [...]
