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Posted on August 10th, 2012 by David Baskin

HOW MUCH IS ENOUGH? The discussion we have most often with our clients involves how much they need to save in order to guarantee a comfortable life style in retirement.  Entire books have been (and will continue to be) written on the subject, and an substantial number of financial planners make a pretty good living […]

Posted on August 1st, 2012 by Jeff Pollock

Followers of Barry Schwartz’s articles will recall that value investors await opportunities in the market by swinging at “fat pitches.” A fat pitch is intended to  provide the investor with a margin of safety by protecting him against downside risk. “The fat pitch happens when … a stock drops [and] suffers a large but solvable […]

Posted on July 26th, 2012 by Barry Schwartz

It’s over. We have run out of all cheap commodities. Today’s announcement by Barrick Gold is the proof. In a shocking disclosure, Barrick revealed that its proposed mine in Chile will cost 60% more to build. Barrick is not alone in this. Over the past few weeks, Teck Resources, Inmet Mining, Suncor, Kinross Gold and […]

Posted on July 18th, 2012 by David Baskin

From 2004 to 2010 the TSX 300 Index of leading Canadian stocks outperformed the S&P 500 Index of major American companies in each and every year.  Canadian investors did much better than their American counterparts, and to add icing to the cake, the Canadian dollar rose steadily from about 78 cents US in 2004 to […]

Posted on July 9th, 2012 by Barry Schwartz

Investors are always quick to act on old news. Fears of a global slowdown, China’s hard landing and a European sovereign debt crisis are what you see out the rear-view mirror.  Let’s get this straight — there is already a global slowdown with 80% of the world’s manufacturing indices in contraction, China has landed hard (its […]

Posted on June 27th, 2012 by Barry Schwartz

Buy and hold is a terrible strategy, if you aren’t paying attention to a company’s valuation or business strategy. Warren Buffett once said that his preferred holding period for a stock is forever. But I think he left out the part, that you have to buy a company at the right price, the company has […]