Blog: Cutting Through the Noise
Postings
Caisse a Lesson in Liquidity Woes
Excerpt from Tom Bradley's blog on March 8, 2010
With very few exceptions, the investment managers who did poorly when markets were melting down bounced back with a solid return last year. What didn't work in 2008 worked well in 2009. That wasn't the case, however, for one of Canada's highest...Read More
Not-so-random Thoughts
Excerpt from Tom Bradley's blog on March 2, 2010
I admit to doing less reading over the last few weeks (which is criminal for an investment professional) due to a minor sporting event being held in Vancouver. But between the spectating, TV viewing and partying, I did manage to catch up on some...Read More
Trading ETFs - Pro or Con
Excerpt from Tom Bradley's blog on February 25, 2010
By far the most popular topic in the business press these days is ETFs (exchange-traded funds). Not a day goes by without an article on them (and yes, I am planning to write one in the near future). In all of the commentaries, trading flexibility is put...Read More
Active Share
Excerpt from Scott Ronalds's blog on February 24, 2010
The notion of “active share” is in the news again. Coined by a pair of Yale professors in 2007, active share is a measure that indicates just how actively managed a fund really is. In other words, it is a gauge of how much a fund looks like, or overlaps, a certain...Read More
Favourites and Unpredictability
Excerpt from Tom Bradley's blog on February 22, 2010
Located in Vancouver and being the sports (analogy) junkies that we are, readers would expect us to go crazy with Olympic stuff. Certainly there are obvious connections between Olympics and investing - the value of time; the notion of risk and reward (the topic of...Read More
Taking Calculated Risks Can Win the Gold Medal
Excerpt from Tom Bradley's blog on February 20, 2010
Watching the Olympics, the notion of risk is very clear. Athletes need to push it to the limit in order to get to that top spot on the podium. But to obtain the advantage, they risk missing a gate, catching an edge or taking an untimely penalty. They may...Read More
Olympic Observations
Excerpt from Scott Ronalds's blog on February 16, 2010
It’s Day 5 of the Games. As we’re lucky enough to be in the heart of the action here in Vancouver (or unlucky enough depending on your viewpoint), it’s time for a few observations: Canadians are bursting with pride and patriotism. Which is a good thing, no matter how you look at it. There have been a few early disappointments for the home team (Manny Osborne-Paradis...
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Hunters or Farmers?
Excerpt from Scott Ronalds's blog on February 10, 2010
Seth Godin is a renowned author, marketer and blogger. He has great insights and observations on human behavior and the business world. In a recent blog, Hunters and Farmers, he examines the differences between the two types of individuals. In Seth's...Read More
Tom on BNN
Excerpt from Scott Ronalds's blog on February 8, 2010
Tom was on BNN this morning (Feb 8) with Marty Cej and Frances Horodelski. Topics of discussion included: What to do at this stage in the market; How to reflect caution in your portfolio; and ETFs. The seven minute piece brings together some key messages from Tom’s...Read More
Reaching Further
Excerpt from Tom Bradley's blog on February 8, 2010
Call it an interesting juxtaposition. A few pages after my column on reaching for yield a couple of weeks back, there was a back page ad for the MINT Income Fund. Since then, the ad has been running constantly in the national papers. MINT, which is an existing closed...Read More
In Choosing Managers, Patience is a Virtue
Excerpt from Tom Bradley's blog on February 6, 2010
A consequence of being a non-benchmark manager and running a transparent shop is that we are asked direct and incisive questions. At a presentation last week, a client asked what criteria I would use for changing a manager on one of our funds...Read More
Undexing
Excerpt from Scott Ronalds's blog on February 4, 2010
In his latest Wealthy Boomer video segment, National Post columnist Jonathan Chevreau sat down with Tom Bradley to discuss the concept of “undexing”. The term, creatively coined by our brash marketing team, refers to an investment philosophy...Read More
