Blog

Cutting Through the Noise


June 12, 2007

By Tom Bradley

PPNs IV: The Lunacy Continues

I’ve shown great restraint. It’s been seven months since I wrote specifically about principal-protected notes (PPNs). But I came across two things last week which reinforced that the structured product lunacy (including PPNs) continues unabated in the Canadian wealth management ...

Read More 0 Comments

June 11, 2007

By Tom Bradley

Knowing When to Sell is Key to Smart Investing

The Globe and Mail, Report on Business Published June 9, 2007 One of the reasons I’ve recently focused my career on the individual investor, after years of working with pension clients, is because there is a huge disconnect between their ...

Read More 0 Comments

June 6, 2007

By Tom Bradley

What 'Unconstrained' Means

Steadyhand has a very definite investment philosophy. We believe our funds should be (1) absolute-return oriented; (2) concentrated on the managers’ best ideas; (3) unconstrained; and (4) have low turnover (i.e. tax efficient). The least understood of these four tenets ...

Read More 0 Comments

June 4, 2007

By Tom Bradley

How Will History Treat Carly?

Hewlett Packard’s quarterly earnings came out recently and the firm continues to do well. Profits are rising based on cost reductions and modest revenue growth. Mark Hurd, the President and CEO, is receiving all the credit for HP’s turnaround and ...

Read More 0 Comments

May 30, 2007

By Tom Bradley

A Personal Note – No Pinot Noir For Me Thanks

There is a personal situation that I want to apprise our clients of, as well as investors that are following the progress of Steadyhand. I’ve had a long-standing liver condition called primary schlorosing colengitis (PSC). It goes back to my ...

Read More 0 Comments

May 30, 2007

By Tom Bradley

Bad Liver; Good Money Managers

Because of my liver condition , we’ve had to assess how Steadyhand’s business plan will change. The reality of the situation is that (1) I can’t travel outside the province until I get the transplant and (2) after my beeper ...

Read More 0 Comments

May 27, 2007

By Tom Bradley

If You Want to Make Money, Take a Closer Look at Profits

The Globe and Mail, Report on Business Published May 26, 2007 I started out writing this column about the most overused maxims in the investment business today.  I had lots of examples to discuss.  “ The massive amounts of capital ...

Read More 0 Comments

May 23, 2007

By Tom Bradley

Wanna Pick Tom's Brain?

Investment Lunch/Breakfast Tired of high fees? Want to learn more about direct investing? Curious about the Steadyhand funds? Join us for lunch on Thursday, June 7 th , or breakfast on Tuesday, June 12 th , for an intimate and ...

Read More 0 Comments

May 23, 2007

By Tom Bradley

Structured Products - Warning Flags

Over the last few weeks, a couple of warning flags have popped up that reminded me that with closed-end funds and structured products, it’s ‘ buyer beware ’. The first flag was an announcement that Sceptre Investment Counsel was merging ...

Read More 0 Comments

May 22, 2007

By Scott Ronalds

Lessons From a Suitcase

Starting up a new fund company is hard work. I felt it was time for a little R&R, so I recently headed south to the Mayan Riviera to recharge the batteries. After 3 or 4 days of lounging on the ...

Read More 0 Comments

May 22, 2007

By Tom Bradley

Keep Going Bill, We're Cheering for You

At Steadyhand, we couldn’t be more delighted that Bill Holland is continuing to move CI Financial into the banking world. In the Financial Post last Friday, Bill reiterated that “we have to be in most of the business lines the ...

Read More 0 Comments

May 18, 2007

By Tom Bradley

Carrick's Two-minute Portfolio

In his article in last Saturday’s Report on Business, Rob Carrick dredged up an idea he came up with in 1999 - the ‘Two-minute Portfolio’. It involves investing equal amounts in the two largest stocks in each of the S&P/TSX’s ...

Read More 0 Comments