The 12 Days of Investing
Day 1 – Margin of Safety Benjamin Graham, believed by many to be the father of value investing, wrote in his book The Intelligent Investor, “Confronted with [the] challenge to distill the secret of sound […]
December 9, 2019
Forward Thinking. Finding Value.
China Investing Trip: Felix Narhi’s Takeaways
This article was originally published on moiglobal.com on November 30, 2019. “American investors are missing out on China. It just looks too hard, sitting in Omaha… but it’s where they should be looking.” – Charlie […]
November 30, 2019
Pender’s Holiday Reading List – December 2019
Business Best Practices Gina Jones – Deep Survival: Who Lives, Who Dies, and Why, Laurence Gonzales Felix Narhi – A Dozen Lessons for Entrepreneurs, Tren Griffin Kenndal McArdle – Trillion Dollar Coach: The Leadership Playbook […]
November 28, 2019
Quantum Computing – Moving into the Mainstream?
We have talked before, at a very high level, about what quantum computing is, how it works and why we might need it. In short, quantum computers are going to succeed where even the most […]
October 29, 2019
Definitions and Glossary of Quantum Computing Terms
Extract from Deloitte Insights: Technology, Media, and Telecommunications Predictions 2019 and reproduced with the permission of Duncan Stewart, Director of Research and Erica Pretorius, Partner, Risk Advisory, Deloitte Canada. Classical computer: The traditional form of […]
October 28, 2019
CFA Event – Challenges, Opportunities and Insights on Public and Private Equity Key Takeaways
Members of the Pender team attended CFA Society Vancouver’s event: Challenges, Opportunities and Insights on Public and Private Equity, on October 3, 2019, moderated by our own Amar Pandya, CFA. Amar was joined by panelists […]
October 22, 2019
MOI Global Latticework New York 2019 – The Death of Active Management?
Dave Barr and I attended the MOI Global Latticework New York 2019 event on September 12, 2019. MOI Global, which was founded by John Mihaljevic the author of The Manual of Ideas (see our book […]
September 23, 2019
Transat A.T. – Searching the Skies for a Catalyst
Our investment in Transat A.T. represents a successful catalyst-driven close the discount (CTD) investment. As Canada’s third largest airline and one of the largest tourism companies in the world, Transat has had a long and […]
September 13, 2019
Pender’s Summer Holiday Reading List – June 2019
The PenderFund Investment Team shares the books on their summer reading list. David Barr Thinking in Systems: A Primer, Donella Meadows and Diana Wright (Editor) I picked up “Thinking in Systems” after it was shared […]
June 27, 2019
Pender Investment Conference 2019 – Marking 10 Years of Investing the Right Way
To mark 10 years since the launch of our mutual funds, Pender took its annual Investment Conference to a new level, with additional due diligence sessions and a keynote speaker. Culture First, everything else later […]
June 26, 2019
Quantum Computing – “Where things can be “this” and “that” at the same time”
While quantum computing sounds like the kind of technology that has travelled back in time from the future, believe it or not, the concept was first proposed in 1981 by Richard Feynman (who was awarded […]
June 11, 2019
Rite of Passage – Berkshire Hathaway AGM and Markel Corporation AGM, May 2019
“The best thing a human being can do is to help another human being know more.” – Charlie Munger, Berkshire Hathaway On May 4, 2019, members of the Pender Investment Team joined the thousands of […]
May 10, 2019
The Tide Goes Out Investing
In extraordinary times, when markets are stressed the broad opportunity set widens. But from a psychological perspective, it sure doesn’t feel like an opportunity.“The tide goes out” in periods like the financial crisis of 2008-2009 […]
May 1, 2019
Needle in the Haystack Investing
In normal times, when markets are relatively tranquil the opportunity set is narrow. Armies of smart analysts and investors do their research and stocks are priced much more efficiently than less followed stocks. It’s challenging […]
May 1, 2019
Just What the Doctor Ordered
Why the next big tech name could come from the healthcare sector Important Information: Pender Technology Inflection Fund I Limited Partnership managed by PenderFund Capital Management Ltd. (“Pender”) holds an investment in Clarius Mobile Health, […]
April 25, 2019
