Newsletters.

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10
NOV - 2017
As I was driving to Albany, New York, a week or so ago, I was reminded of a Harry Chapin song about having spent a week one afternoon in Watertown, New York, just off Interstate 81.   In fact, it was a bit of an old home week music-wise for me. Earlier in the month [...]
10
13
OCT - 2017
We are living in the ‘new normal’
Posted on October 13, 2017
On September 20, 2017, I attended an Oakville Chamber of Commerce event. The guest speaker that night was David Dodge. As a former Governor of the Bank of Canada, he knows a thing or two about the Canadian economy. What he said that night was consistent with what others have been saying: we’re stuck in [...]
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08
SEP - 2017
Last week, Statistics Canada released data that showed the Canadian economy surging to 4.5% growth in the second quarter — the largest growth spurt in six years. A day later, the Canadian dollar broke the 81-cent barrier against the US dollar. Meanwhile, the U.S. Bureau of Statistics released disappointing job numbers that fell well below [...]
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08
AUG - 2017
Welcome to the dog days of summer
Posted on August 8, 2017
It’s official. The dog days of summer have set in. The sun is shining. The temperatures are balmy. And the markets are quiet. Is this the calm before the September storm? Possibly. But now is as good a time as any to kick back in a comfortable chair with a cool beverage in your hand [...]
07
18
JUL - 2017
Confidence breeds confidence
Posted on July 18, 2017
It seems Warren Buffet likes us. He really likes us. The biggest boost to the markets in June came when Berkshire Hathaway Inc. struck a deal with Home Capital to stop the company’s bleeding. It ended a drama that had been playing out for the past few months and the potential threat Home Capital’s collapse [...]
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06
JUN - 2017
All’s quiet on the market front
Posted on June 6, 2017
It’s been a quiet month for the markets, a sign perhaps that the annual summer doldrums have come early. Yet, despite the negative tones, the market continues to shrug off a lot of the hand-wringing around the housing market, oil prices, bank stocks and household debt.   The news of alternative lender Home Capital Group’s [...]
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MAY - 2017
It’s the weekend each year I look forward to more than any other. From the time I disembark the plane from Omaha, I begin thinking about the following year’s Berkshire Hathaway annual shareholder meeting. This year was no exception. Unfortunately, on Wednesday, two days before my flight was scheduled to take me on my annual [...]
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12
APR - 2017
As is human nature, people are fretting about the state of the world. Trump sows uncertainty all over the world with his erratic decision-making and nonsensical tweets at three o’clock in the morning. Russia’s involvement in Syria, the annexation of Crimea, and the cyber-attacks that have tainted the most recent US elections stoke fear of [...]
03
09
MAR - 2017
It’s that time of year again!
Posted on March 9, 2017
One of my favourite times of year is here! It’s a bit early for spring, but it’s the perfect time for Berkshire Hathaway to issue its annual letter to shareholders. True to form, Warren Buffett didn’t disappoint. Despite the political uncertainty, Buffett remains optimistic, summing up America’s achievements in one word: miraculous.   Buffett talks [...]
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FEB - 2017
Last Friday I went to get my hair cut. There was a long line and I decided that I didn’t have time to wait. On Saturday, I ordered my coffee using my Starbucks app so that I could bypass the line when I went to pick it up. And then I went to the barber [...]