In Friday’s Morningstar article “Sequoia Fund Symbolizes What Was, But No Longer Is”, John Rekenthaler chronicles the recent woes of the legendary Sequoia Fund and suggests it may symbolize the end of an investing era – things have changed since the time Sequoia launched forty years ago: Index funds are more prevalent and fewer managers can demonstrate exception […]
Or as Lisa Abramowica and Rani Molla put it in their April 5 Bloomberg Gadfly piece, “Dude, Where’s My Yield?” The picture tells the story – 10 year government bond yields are lower than 2% in many developed countries that have half-decent sovereign credit ratings. Japan and Switzerland’s 10-year bonds have negative yield! To search for […]
There’s a lot of furor in the US right now over the Department of Labor’s proposed legislation to make all those providing retirement advice in the US actually act in the best interest of their clients (I know, a crazy concept). Regulators in Canada are also pondering the issue and no doubt we’ll eventually see […]
As proud Canadians, nothing gets us going more than a good Canada vs. USA discussion. When you live in the shadow of something so big it’s hard not to be a little defensive sometimes. These days, I’m a little sensitive about hockey – so many taunts coming in from friends south of the border trying to […]