“The lesson is that no amount of sophisticated statistical analysis is a match for the historical experience that ‘stuff happens’.” ―Mervyn King, The End of Alchemy: Money, Banking, and the Future of the Global Economy Published […]
In this month’s column I look at the “Year That Was” and what I learned during one of the most tumultuous investing years in recent history. Inflation: Up, up and away? In 2022, after nearly […]
Welcome to the 12 Days of Holiday Reading and Listening, Pender’s recommended resource list for the holidays. From economics, neuroscience to history, our portfolio managers recommend books, podcasts, and tv shows that helped them build […]
“The big money is not in the buying and selling … but in the waiting.”— Charlie Munger What is the “patience premium”? Investors are well-versed in such terms as “value premium” and “equity risk premium” […]
“What is popular isn’t always the truth. And the truth isn’t always popular.”–Howard Cosell, US sports journalist Contrarians have a bad reputation. People think we’re ornery and reflexively pessimistic. I beg to differ. On the […]
The book illustrates the traits, temperaments, and actions that often separate the survivors from everyone else.
Despite the choppy macro backdrop, global M&A activity remains elevated with US$2-trillion in the first half of the year
In part-two, Stephen Poloz, Special Advisor to Osler and former Governor of the Bank of Canada, talks to Pender about how his early life shaped his career, the outlook for inflation and the digitization of money
In this article, I’ll attempt to unpack where we are today and what’s ahead. And, spoiler alert, there are reasons for optimism despite the current headlines
In part one of two, Stephen Poloz, Special Advisor to Osler and former Governor of the Bank of Canada, talks about future economic volatility and the five tectonic forces driving it. Why title your book […]
Pender’s ever-popular summer hot list is back! It’s packed with big ideas to challenge and inspire you on a range of topics
Welcome to the 12 Days of Holiday Reading, Pender’s recommended book list for the holidays. A new book will be revealed each day from December 7 to December 18, 2021. Check in with us each […]
I’m not the man they think I am at home…I’m a rocket man. It’s been an exciting summer in the race for human space exploration, with Richard Branson and Jeff Bezos successfully completing suborbital space […]
At Pender, we have been looking at the techniques, lessons, and values from the Tokyo Olympic Games that could help investors win with their investment strategies. Canadian women dominated this year’s Olympic Games. At every […]
The Tokyo Olympic Games are in full swing, and all eyes are on the athletes competing at the very top of their game. At Pender, we have been looking at the techniques, lessons, and […]
The Pender Investment Team shares what’s on their summer reading list for 2021. Topics include Gene Editing, Global Themes, Investing, Mental Models, Small Business Mindset & Special Situations.
There is a growing body of evidence to suggest that companies that focus on Diversity, Equity and Inclusion (DEI) tend to financially outperform, and be more innovative, than their peers. According to research by Boston […]
Pender’s equity funds have been performing strongly of late. We believe there are some commonalities to our strategies which relate to the “forward thinking” part of our company slogan. We don’t own Enbridge… Or TransCanada […]
At a recent Vancouver Entrepreneurs’ Forum (VEF) panel on mergers and acquisitions (M&A), a key message from company leaders who had recently sold their tech companies begs repeating: Always Be Ready. Despite a very tumultuous […]
Investing Philosophy, Process & Best Practice Geoff Castle – The Deficit Myth: Modern Monetary Theory and the Birth of the People’s Economy, by Stephanie Kelton Emily Wheeler – Principles For Navigating Big Debt Crises, by […]
