This week I will be addressing the Manning Centre Conference in Ottawa on the topic of debt, demographics and the long-term implications for Canada. Having followed global financial markets for the past three decades, I’ve seen several bulls and bears. The one thing that has
Last week I looked at how I build a position in a value stock and how we transition out of it if it is not working for us. The key to this style of investing is understanding the following concept: An important psychological cost to
For years, I’ve said the goal of building efficient portfolios is based on three main principals: diversification, maximum return, and minimum risk. Learning how to navigate the market through active asset allocation is one of the best things individuals who have taken on the responsibility
One of the best presentations last week from ETF.com’s Inside ETFs conference was from Michael LaBella, a portfolio manager at QS Investors. The presentation made the case for why smart (factor) index portfolios should be used by all investors. The adoption of passively managed index
For the sixth year, I’m attending the www.ETF.com Inside ETFs conference in Fort Lauderdale, Fla. This is increasingly the best ETF conference going. One of the best presentations each year comes from the work done by Research Affiliates. We have had them on the show
The Trump bump in the market since the U.S. election last year has been one of the most debated topics in business media history. He won, in part, because Congress has the lowest approval rating in history, and people wanted change. We need dramatic change
The outlook for the S&P 500 in 2017 is probably not as rosy as the post Trump rally would suggest. The sentiment around the increased profitability of US companies with the corporate tax cuts is somewhat misguided. According to data prepared by the Bank Credit
One always needs to tweak the current forecast for unknowns. Enter the Trump administration and the general “animal spirits” that have been released as it pertains to expectations for lower taxes, higher government spending and job growth. So how much are those “animal spirits” –
One should never try to predict with certainty what markets will do – that’s really hard. Predicting what investors will do on the other hand, is pretty easy. Chances are they will either look at past returns first and then consider the MER/fee, or (if
Think outside the box (TOBAM) asset management is a global investment manager with over $10B in AUM. They use a patented portfolio process for analyzing and diversifying portfolios. In Canada, they have partnered with Mackenzie ETFs. Today’s guest is Faizan Dhanani, Managing Director TOBAM. While