Blog: Cutting Through the Noise
Postings
Steadyhand Funds Now Available Through TD Waterhouse
Excerpt from Scott Ronalds's blog on September 11, 2008
Our five funds can now be purchased in TD Waterhouse discount brokerage accounts. Trades must be placed over the phone with a representative from TD, and their transaction fee varies based on the size of your purchase. ...Read More
The Active Versus Passive Debate
Excerpt from Tom Bradley's blog on September 11, 2008
I recently received some thoughtful comments and questions from a client who is weighing the benefits of both the active and passive (indexing) investment approaches. I felt my responses may be helpful to others with the same thoughts/questions. Investor: ...Read More
Burgundy v. Sprott: Opposite Ends of the Performance Cycle - For Now
Excerpt from Tom Bradley's blog on September 8, 2008
The Globe and Mail, Report on Business Published September 6, 2008 I recently had the occasion to hear marketing pitches from two leading investment firms: Burgundy Asset Management and Sprott Asset Management. Both have built wealth for their clients and ...Read More
Sowing the Seeds
Excerpt from Tom Bradley's blog on September 4, 2008
I came across a great quote today and it is totally applicable to the market environment we find ourselves in. It comes from Tim McElvaine’s newsletter ( www.mcelvaine.com ). He in turn got it from an interview with Chris Davis ...Read More
The Unanswerable Question
Excerpt from Tom Bradley's blog on August 29, 2008
I’m not much of a tape watcher or television junkie, but I’ve had the Business News Network (BNN) and Bloomberg News turned on more than usual this week. I don’t know why really, because it has been an incredibly slow ...Read More
The Most Interesting Man in the Mutual Fund Business
Excerpt from Scott Ronalds's blog on August 28, 2008
Inspired by a recent Dos Equis commercial , I'm toiling with the idea of a new Steadyhand advertising campaign - The Most Interesting Man in the Mutual Fund Business . It would go something like this: Tom is out of ...Read More
Scale, Scale, Scale
Excerpt from Tom Bradley's blog on August 28, 2008
I understand “location, location, location” in the real estate business.” What I don’t get is “scale, scale, scale” in the investment business. But “scale” is the word of the week in our industry. Both Rick Waugh, the CEO of Bank ...Read More
The Selling Side: Where the Best Money Managers Earn Their Chops
Excerpt from Tom Bradley's blog on August 25, 2008
The Globe and Mail, Report on Business Published August 23, 2008 For a while now I have been trying to buy my neighbour's property. He hasn't lived there for 15 years, but keeps it as an investment. When I broach ...Read More
Short Termism - Doesn't Make Sense
Excerpt from Tom Bradley's blog on August 21, 2008
Dan Lewin, a friend and former colleague, sent me an interesting piece last week. It is a letter to clients from Howard Marks, the Chairman of Oaktree Capital Management, a U.S. asset manager. It is all good, but I particularly ...Read More
Olympic Innovation
Excerpt from Scott Ronalds's blog on August 20, 2008
Many great things come out of the Olympics. For two and a half weeks, the world turns its attention to stories of athletic passion, determination, and raw emotion. Billions of people will watch a man dive off a springboard, a ...Read More
Saxon Deal will Complete Predictable Life Cycle
Excerpt from Tom Bradley's blog on August 11, 2008
The Globe and Mail, Report on Business Published August 9, 2008 This week, we saw another independent asset manager bite the dust. It was announced that IGM Financial, through its Mackenzie division, has made an offer to buy Saxon Financial. ...Read More
It's Getting Lonely
Excerpt from Tom Bradley's blog on August 7, 2008
We started Steadyhand last year because we saw an opportunity to work with investors who know what they want, care about fees and are interested in beating the market over the long run. Our target clients make up a tiny ...Read More
