Maria: Did you always think your career path would lean more towards entrepreneurial endeavours? Kristina: Yes, to a large extent I did. I come from a family of entrepreneurs and it’s always been an assumption […]
I am so pleased to announce the formal launch of Pender Ventures and the official close of our latest fund! It has been quite the journey for me personally. From working at big banks to […]
Since the financial crisis, and before the onset of the pandemic, the Canadian appetite for technology had remained paltry at best. From 2016 through 2019, it seemed that the Nasdaq would routinely touch all time […]
While we are looking forward to the resumption of the NHL season if it’s done in a safe way, the suspension of the NHL in March meant finding a way to satisfy my 7-year old […]
The COVID-19 pandemic and resulting global shutdown of major parts of the economy, many of which remain closed, have created considerable distress in credit markets. By late March, the amount of US distressed debt had […]
Building a Business Felix Narhi – The Innovation Stack: Building an Unbeatable Business One Crazy Idea at a Time, Jim McKelvey Tony Rautava – The Hard Thing About Hard Things: Building a Business When There […]
The investment world changed dramatically in March. Stable, well run businesses seemingly became impaired in the blink of an eye. When the economy shut down, we immediately devoted a lot of time evaluating balance sheet […]
There is little doubt that COVID19 will be considered one of the biggest catastrophic events of this century. I can’t help but reflect on what good can come of this in terms of how we […]
When the facts change, we change our minds The nature of most human activity is that the facts involved tend to change, but often not as abruptly, and rarely on such a wide scale as […]
How the portfolio is positioned to capture potential gains We believe the world will be a very different place on the other side of the global health crisis and associated financial crisis. We know that […]
Assessing the trinity of risk is a key pillar of Pender’s investment strategy at all times, but during a financial crisis, when the risks increase, it becomes more crucial than ever to double and triple […]
Investors had largely ignored COVID-19 for over a month, but now emotions have started to get the better of cooler heads, and markets have reacted. Extreme fear has taken over. Unfortunately, emotional trading can quickly […]
The Pender Equity Investment Process Pender’s goal is to protect and grow wealth for our investors over time. To achieve this, we seek to understand the quality of a business or security; obtain more value […]
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 […]
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 […]
