Blog: Cutting Through the Noise
Postings
Ivy League Lessons
Excerpt from Tom Bradley's blog on February 1, 2007
The January 20th issue of The Economist had a good article on the investment success that American university endowments have had. The article points out that these endowments have done better than other types of investors (pension funds being the ...Read More
When a Manager Moves, Be Prepared
Excerpt from Tom Bradley's blog on January 26, 2007
The Globe and Mail, Report on Business Published January 26, 2007 Do I follow my favourite manager to a new fund? There are probably a few investors out there who feel like they have a big "L" on their forehead. ...Read More
The ETF Diaries - Part 2
Excerpt from Tom Bradley's blog on January 22, 2007
Jonathan Chevreau's column in today's Financial Post provides more data on the Claymore ETFs of which I spoke in a recent posting ( ETFs' I've Seen This Movie Before ). The column reinforced some of the views I put forward: ...Read More
Yearly Predictions
Excerpt from Tom Bradley's blog on January 18, 2007
I've been under the weather over the last week and have had lots of time to sit and read. Thank goodness I've had other things to read besides the newspapers, otherwise I'd be going crazy right now. For a few ...Read More
Going Global
Excerpt from Tom Bradley's blog on January 18, 2007
Posted by Scott Ronalds For a while, my partner Tom Bradley has been talking about how Canadian investors are less diversified than they should be ( Feeling Comfortable? Maybe it's Time to Shake Up Your Portfolio ). At times, it's ...Read More
In Investing or Exercise, There are No Quick Fixes
Excerpt from Tom Bradley's blog on January 12, 2007
The Globe and Mail, Report on Business Published January 12, 2007 The YWCA that I go to is always busier in the early part of January. This year is no exception. As part of our New Year's resolutions, we all ...Read More
Why we Have Too Many Mutual Funds
Excerpt from Tom Bradley's blog on January 5, 2007
As of this week, there is a new mutual fund on the market called the Mackenzie Founders Fund. The fund will invest equally in four of Mackenzie's oldest funds. It will be automatically rebalanced to maintain an equal weighting in ...Read More
Predictions are Easy - on Anything but the Market, that is
Excerpt from Tom Bradley's blog on January 5, 2007
The Globe and Mail, Report on Business Published December 29, 2006 I'm not one to make predictions on what the capital markets are going to do in the next year, or three years for that matter. But with my editors ...Read More
Option Pricing - Where do you Draw the Line?
Excerpt from Tom Bradley's blog on January 2, 2007
Compared to the Enron / Worldcom blowups, the options pricing scandal we're going through now is very low key. Enron et al were front page news for a long time. The options scandal is strictly a page 8 item in ...Read More
Too Good to be True
Excerpt from Tom Bradley's blog on December 22, 2006
I came across a wonderful quote yesterday. I was reading a piece I'd found on the Tocqueville Asset Management website (www. tocqueville.com) written by their Chairman, Francois Sicart. "I never invest in a situation in which I cannot lose money" ...Read More
If these Investment Vehicles were Ice Cream, I'd Take Vanilla
Excerpt from Tom Bradley's blog on December 18, 2006
The Globe and Mail, Report on Business Published December 15, 2006 I've been in the investment business since 1983 and I find that with each passing year simplicity becomes more and more appealing. And I don't think I'm alone; it's ...Read More
U.S. Housing: Long, Extreme Up Cycle... Quick, Painless Down Cycle? Not Likely
Excerpt from Tom Bradley's blog on December 16, 2006
There was an article in the Wall Street Journal this week (December 13, 2006) which suggested that first-time buyers were starting to look at homes again. The reasoning was that prices had come down a little and affordability was better. ...Read More
