Blog

Cutting Through the Noise


January 2, 2007

By Tom Bradley

Option Pricing - Where do you Draw the Line?

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 ...

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December 22, 2006

By Tom Bradley

Too Good to be True

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" ...

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December 18, 2006

By Tom Bradley

If these Investment Vehicles were Ice Cream, I'd Take Vanilla

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 ...

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December 16, 2006

By Tom Bradley

U.S. Housing: Long, Extreme Up Cycle... Quick, Painless Down Cycle? Not Likely

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. ...

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December 7, 2006

By Tom Bradley

ETFs - I've Seen This Movie Before

Exchange-traded funds (ETFs) are a great product. They provide exposure to the equity market for a reasonable price. If you buy the iShares XICs, you can be assured of getting the return of the S&P/TSX 60 for only 0.17%. That's ...

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December 1, 2006

By Tom Bradley

Signed!

We're thrilled to announce that we've signed three leading money managers to the Steadyhand team. They will manage 4 of our 5 funds. This day comes after months of research, deep thinking, interviews, unhealthy lunches and airport line-ups (who knew ...

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December 1, 2006

By Tom Bradley

Don't be Afraid of Market Risk; It Can Lead to a Better Retirement

The Globe and Mail, Report on Business Published December 1, 2006 I was talking to a friend last weekend about our new mutual fund company. After I took him through the fund lineup, he asked me what our hedging strategy ...

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November 17, 2006

By Tom Bradley

Income Trusts: It's all About the Fundamentals

The Globe and Mail, Report on Business Published November 17, 2006 "It's like a spotlight in the darkness... it focuses on what's moving and everything else is blotted in the darkness." Those words came from Eric Sevareid in a PBS ...

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November 8, 2006

By Tom Bradley

A Trick and a Treat

My colleague, Scott Ronalds (last seen on the beach in Hawaii), has written some comments on the tax changes of last week. Here they are: Finance Minister Flaherty's Halloween announcement that income trusts will lose their tax advantaged status by ...

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November 6, 2006

By Tom Bradley

Best Foreign Money Managers may be Right Here

The Globe and Mail, Report on Business Published November 3, 2006 Until recently, I'd never heard of Alex Becks. I thought it was because I lived on the left coast and wasn't plugged in enough to the Toronto investment network, ...

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November 3, 2006

By Tom Bradley

Unconventional ... or Twisted?

Here's a picture of our Manager of Research & Communications, Scott Ronalds, reading David Swensen's Unconventional Success while on holiday in Hawaii.We're hoping all of our future employees are as dedicated as Scott. ...

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November 2, 2006

By Tom Bradley

Income Trusts II - There's Still Stuff to Worry About

The attention will be focused on the government's tax announcement for a while to come, but we shouldn't forget that there are other things to think about with regard to the income trust market. The tax changes have certainly shaken ...

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