A Double Dip Recession It seems that all one hears about is the possibility of a double dip recession. Every day, the media is filled with statistics and headlines about positive or negative news and the pundits speculating about whether we are entering a double dip recession. Some months, housing starts are up, or down,… Continue reading A Double Dip Recession – Is it happening? Is fear ruling the market?
Author: Larry Cyna
Mr. Cyna is an accomplished investor in the Canadian public markets for over 20 years, and has managed significant portfolios. He is a financing specialist for private and public companies, and has expertise in real estate and debt obligations. He has assisted private companies accessing the public markets, has been a founding director of public companies and continues as a strategic consultant to selected clientele.
He is and has been a director, a senior officer and on the Advisory Board of a number of TSX and TSXV public companies in the mining, resource, technology and telecommunications sectors, and the Founding Director of two CPC’s with qualifying transactions in mining and minerals. He was an honorary director of the Rotman School of Management MBA IMC program, has completed the Canadian Securities Institute Canadian Securities Course & Institute Conduct and Practices Handbook Course, was a former Manager under contract to an Investment Manager at BMO Nesbitt Burns, a roster mediator under the Ontario Mandatory Mediation Program, Toronto, a member of the Institute of Corporate Directors of Ontario, a member of the Upper Canada Dispute Resolution Group, and the Ontario Bar Association, Alternate Dispute Resolution section.
He obtained his designation as a Chartered Accountant in Ontario in 1971 and was the recipient of the Founder’s Prize for academic achievement together with a cash reward. He became a CPA in the State of Illinois, USA in 1999 under IQEX with a grade of 92%. He is a Member of the Institute of Chartered Accountants of Ontario and the Canadian Institute of Chartered Accountants.
He holds certificates in Advanced ADR & in Civil Justice in Ontario, Faculty of Law, University of Windsor, certificate in Dispute Resolution from the Ontario Institute of Chartered Accountants. Previous accomplishments are Manager of Cymor Risk Consultants LP specializing in Risk Management Assessment; CEO of Cyna & Associates specializing in mediation and ADR; Founder & Senior Partner of Cyna & Co, Chartered Accountants, a fully licensed and accredited public accountancy firm with international affiliations; and was a partner in a large public accountancy firm.
Mr. Cyna is well known in the Canadian Investing community. He is invited to, and attends presentations given by public companies usually 3 or 4 times each week. These presentations are intended by the various hosting companies to present their inside story to sophisticated parties and Investment Managers for the purpose of attracting funding, or of making parties more interested in acquiring shares of those companies. Being a part of this keeps Mr. Cyna deeply involved in the current market and leads to numerous investment opportunities.
Is there a Financial Crisis? Has the world Changed?
• Financial Doom & Gloom? Recognizing what is now occurring. • Defensive minded? • Currency crisis? Financial Doom & Gloom Let me start by saying that we are not believers in the financial doom and gloom of the world. To us, there have always been financial crises; there will always be financial crises. The value… Continue reading Is there a Financial Crisis? Has the world Changed?
Understanding Hedge Funds – leverage (borrowings and debt)
An example of a leveraged fund is a market neutral fund. Essentially market neutral funds (a type of leveraged Hedge Fund) go long on a stock which they believe is a very good stock and at the same time go short on a stock in the same group that they believe to be a weak… Continue reading Understanding Hedge Funds – leverage (borrowings and debt)
Price of Gold – Is there a Correction Coming?
If one listens to many pundits, there is a fear that the price of gold has risen too far and too fast. Without resorting to charts, detailed technical analysis and indicators, from a common sense point of view, it is possible that the price of gold is due for a fall. Any time the price… Continue reading Price of Gold – Is there a Correction Coming?
Buy Gold or Buy Shares of Gold Companies – Reviewing 10 years of buying physical gold
The press and the commentators report on the daily fluctuation in the price of gold. In the last 5 years, the spot price of gold has risen from $450/oz to $1,250/oz. On a compounded basis, if you had bought at the right time 5 years ago, and sold now, you would have achieved roughly an… Continue reading Buy Gold or Buy Shares of Gold Companies – Reviewing 10 years of buying physical gold
Value Investing vs Buy and Hold Return on Investment
CymorFund Return on Investment ROI The CymorFunds understand and implement simple concepts. When there is value, buy that value. This concept has helped achieve excellent returns. Although still small in size, the latest CymorFund established in 2010 recorded over a 40% return in its first quarter of operations. There will be good quarters and poor… Continue reading Value Investing vs Buy and Hold Return on Investment
Why Invest in Commodities through Hedge Funds
These are times of great financial instability. Some financial gurus say investments in gold are the answer. Some say there will be continuing Euro meltdowns from Spain, Portugal, Italy and other countries, or that the US dollar is doomed. Some say the financial world is heading towards calamity. All of this is fear mongering. One… Continue reading Why Invest in Commodities through Hedge Funds
The Problem With Most Hedge Funds
Hedge Funds traditionally use derivatives, borrowings, margin borrowings, fancy neutral strategies, short selling and other similar strategies in order to attempt to beat the market and preserve capital. The greatest fear of Hedge Fund managers is that they will have a down quarter, and everyone will withdraw their money. The result is that the average… Continue reading The Problem With Most Hedge Funds