Posted on May 11th, 2011 by David Baskin

In February, 2009, about twenty-six months ago, the Canadian dollar was worth only about 79.4 American cents.  To put it the other way around, it cost us $1.26 to buy an American dollar.  Today you can buy a greenback for only 95 of our cents.  That’s an appreciation of 32.7% in our currency.  What is […]

Posted on May 2nd, 2011 by Barry Schwartz

First a Haiku…O greater fool, mind’s lost. The wind swept you in Now you are left holding the bag. Gold and silver are great assets to have, if you like jewelry and silverware.  However for your portfolio, precious metals have been terrible investments.  From 1802-1996, gold delivered a compound return of .06% adjusted for inflation.   […]

Posted on April 20th, 2011 by Baskin Administrator

Inflation presentation 2011 Presentation delivered at the Saskatoon Club on April 12, 2011

Posted on April 11th, 2011 by David Baskin

One of the most basic principles of economics is trade-offs. When we make decisions, we give up one desirable thing to get something else we want. Take driving a car, for example. Every year in Canada about 2,900 people die in car accidents. If everyone was forced to drive at a maximum speed of 10 […]

Posted on March 30th, 2011 by Barry Schwartz

As a value investor, I always want to have a margin of safety to protect me when I purchase an asset. This margin of safety is really a margin for error. You need this margin for error to prevent you from paying more than the company is actually worth. In my next few blog postings I will […]

Posted on March 21st, 2011 by David Baskin

One of the facts of life about being in the investment business is that every day is different.  Pretty much anything and everything that happens in the world has an impact on the financial markets, and of course, one never knows what will happen next.  The terrible events in Japan are a case in point. […]