As featured in the Financial Post: FP Answers, June 23, 2023 Q: I’m a keen DIY investor and enjoy investing for the long term as well as trading a small basket of stocks. I’ve been […]
As featured in CFA Institute: Enterprising Investor, June 21, 2023 What is the current outlook for investors in today’s credit market? Interest rates had been in secular decline since the 1980s. In the aftermath of […]
As seen in Benefits and Pensions Monitor June 20, 2023 Businesses large and small must now try to cope with higher interest rates. We’ve seen the effects in the U.S. with bank failures at Silicon […]
As published in Conseiller on 19 June 2023. While global M&A has slowed down considerably since last year due to investor jitters amid a steep rise in borrowing costs and market uncertainty, if you know where […]
“Investing is not the study of finance, it’s the study of how people behave with money.” How many finance books are optioned to become feature films? Not many, but The Psychology of Money by Morgan […]
The advantages of an all-weather investment strategy Looks can be deceiving. On a recent holiday, to a place where the sun was blazing, the sky was pure azure, and the sea shone like polished glass, […]
I’ve lost count of how many job aspirants have claimed to be “lifelong learners.” Hat tip to them. I’ve yet to encounter anyone boasting of their unlearning skills, but I’d be keen to meet such […]
As published in Conseiller on 29 May 2023. The torrid pace of global M&A appears to be playing catch up, especially in the mega cap universe where we have seen elevated regulatory scrutiny on high profile deals […]
As published in Conseiller on 16 May 2023 and FI: Finance et Investissement on 3 May 2023 The punchbowl has been taken away. The era of “free money” being thrown with abandon by investors at […]
“What Becomes a Legend Most” was one of the most influential advertising campaigns of the 20th century. Launched in 1968 by Blackglama, it featured a “who’s who” of pop culture legends like Marlene Dietrich, Cher, […]
“All investment evaluations should begin by measuring risk.” — Charlie Munger, Vice Chairman – Berkshire Hathaway We are old fashioned when it comes to our definition of risk. We concur with the dictionary’s basic term, […]
“The greatest shortcoming of the human race is man’s inability to understand the exponential function.” – Allen Bartlett According to ancient legend, chess was invented by Grand Vizier Sissa Ben Dahir around 6th century AD […]
As seen in The Globe & Mail on March 28, 2023 (for subscribers only) Even though small-cap stocks represent a mere 10 per cent of the equity universe, they generate an outsized emotional response with polarized […]
The theme of this year’s International Women’s Day is #EmbraceEquity. At current rates, it will take another 132 years to close the global gender gap. This does not include future crises—geopolitical, environmental, health—that disproportionately affect […]
Like any intern, my goal is to learn, network and gain a better understanding of the finance industry. Attending the CFA Society Vancouver annual forecast dinner with Pender provided a unique experience and invaluable insights […]
Investors, are you ready for a regime change? On January 22nd, the first day of the Chinese lunar year, we bade adieu to the ferocious Tiger who passed the baton to this year’s mascot: the […]
As seen in The Globe & Mail on January 16, 2023 The Globe & Mail: Why market predictions fail and how to prevent falling for them (for subscribers only) “The lesson is that no amount of […]
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 […]
As seen in The Globe & Mail on December 7, 2022 The Globe & Mail: How advisors can help investors ‘cultivate’ the superpower of patience (for subscribers only) Short-termism is the enemy of building wealth. History […]
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” […]
