Monthly Commentaries

Aug 13, 2019

“If you’re the police, who will police the police?” Lisa Simpson to Homer When was the last time you gave an Uber driver less than five stars? It seems to have become the de facto rating. As per...

Jul 10, 2019

“Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair.” Sam Ewing In 1970, you could strut to your local store and style yourself...

Jun 10, 2019

“There’s no place like home.” The Wizard of Oz Along with sports fans across the country, we have firmly entrenched ourselves aboard the Raptors’ bandwagon. And Kawhi not? The newly anointed King...

May 9, 2019

“Heads I win, tails you lose.” Norville “Shaggy” Rogers Becoming better investors involves learning from mistakes, our own and those of others. While some lessons need to be learnt the hard way...

Apr 5, 2019

“Dogs got personality. Personality goes a long way.” Pulp Fiction In our business and professional lives, one of the most important choices we make is who we hire and work with. For investors and...

Mar 8, 2019

“People are predicting the end of the world like there’s no tomorrow.” Mr. Greg Jeffs Since the beginning of civilization, people have been predicting its end. Everyone from religious figures to...

Feb 7, 2019

“All the world’s a stage, And all the men and women merely players” William Shakespeare From his days as a businessman and TV personality to his tenure in the White House, the President has never...

Jan 11, 2019

“Only time will tell if it was time well-spent.” Jimmy Buffett With calendars flipping from December to January, we rang in the new year and bid adieu to 2018. For most portfolio managers and...

Dec 7, 2018

“In the short run, the market is a voting machine, but in the long run it is a weighing machine.” Benjamin Graham Although November marks the Day of Remembrance, for most credit managers it was a...

Nov 8, 2018

“Every time we do something great, he raises the interest rates.” Donald Trump To get the bad Hallowe’en puns and movie references out of the way, Red October offered investors more tricks than...

Oct 11, 2018

“If you think your teacher is tough, wait until you get a boss. He doesn’t have tenure.” Bill Gates On the list of things not to lose, our jobs typically rank pretty high. That’s why, as our...

Sep 11, 2018

“I like putting all my eggs in one basket and then watching the basket very carefully.” Stanley Druckenmiller Last month, we looked at the trend in wealth management of constructing more diverse...