Blog

January 20, 2022 - It isn’t every day that a piece of art, specifically digital art, sells for a lofty eight-figure sum. Last spring, Everydays: The First 5000 Days, a digital work of art by digital artist Beeple, sold as an NFT for $69.3 million (paid for with 42,329…

January 11, 2022 - From 2000 to 2004, as the growth bubble popped and value stocks came roaring back, a "golden era" for long-short equity hedge funds occurred. Sound familiar? (more…)

December 24, 2021 – Over the past year, we recorded 75 shows for the Absolute Return Podcast. In a new holiday tradition, here is a list of our top 10 favourite CEO discussions on the podcast: (more…)

December 14, 2021 - Short selling of stocks was extremely challenging in 2019 and 2020. Historically, overvalued shares of unprofitable companies dramatically underperformed the market. However, over the previous two years, this market dogma flipped - the more a stock was overvalued, and the more money a…

November 11, 2021 - U.S. inflation hit 6.2% in October compared with a year earlier. The consumer price index was up 0.9% last month, meaning that the purchasing power of a U.S. dollar is losing nearly -1% every 30 days. Unfortunately, the Canadian dollar is not doing much…

    October 14, 2021 - In the 1990's, the default investor portfolio included a significant allocation to a star fund manager's equity mutual funds. The typical investor portfolio included allocations to Fidelity's Magellan Fund and Vanguard's Windsor Fund. Asset allocation has changed dramatically since the heyday…

September 13, 2021 - With the continued economic recovery, a reduction in central banks' monetary stimulus remains top of mind for investors. (more…)

  August 31, 2021 - Traditionally, investors have pondered three major considerations when allocating capital. What is the expected return? (more…)

August 16, 2021 - The dog days of summer have brought calm to the markets, concealing an underbelly full of action and excitement. (more…)

July 13, 2021 - One of the most common questions I hear these days is, "How can I generate yield for clients?" With short-term T-Bills yielding 0.05% and 2-year Treasurys yielding just 0.25%, I am not surprised to hear this question often. What does surprise me…