In this blog, we quote part of the December 2011 newsletter from Absolute Return Partners LLP. In their newsletter they review reports on the performance of Fund Managers from many countries, and conclude that for the most part, even the most famous fund managers, over a sustained period, are not worth investing with. Our view… Continue reading A Look at Poor Returns from Large Cap Fund Managers
Tag: hedge funds
New Economies & Transfer of Economic Power to China and India – The Unpredictability of Predictions
Loewen & Partners hosted a event last night in Toronto where Dr. Michael Power of Investec Asset Management gave a presentation. Dr. Power is a noted advisor to Hedge Funds and travels extensively giving presentations internationally to Hedge Fund managers and others. His presentations on current trends and matters of interest are widely followed and… Continue reading New Economies & Transfer of Economic Power to China and India – The Unpredictability of Predictions
Think and Act Big. The Energy Crisis, Are junior Resource Stocks Safe?
Think and Act Big I was reading an article by Jim Carroll in his regular “Netwatch” column of April 2011. I will quote some of his comments. “We are in the era of Big Thinking, yet a lot of people have a small outlook.” “Pursue big math.” ”Think big in scope.” “Align strategies to the… Continue reading Think and Act Big. The Energy Crisis, Are junior Resource Stocks Safe?
Market Volatility
Market Volatility There remains much fear in the markets. Much has been written about the debts of Western nations (read our recent blog) and instability. Recently, there have been a number of articles about China’s inflation, and also fears raised about the terrible tragedy of the earthquake and Tsunami in Japan. Let me summarize much… Continue reading Market Volatility
Judging Mutual Funds – Who Manages the Mutual Fund
We have returned from vacation. Mexico, as always, is a wonderful place to visit. The people are friendly, the culture is warm and welcoming, the sun is shining, and business, mining and foreign investors are welcome. Mexico is one of our favorite places to visit and to invest. There are enormous reserves of precious metals… Continue reading Judging Mutual Funds – Who Manages the Mutual Fund
Make the Capitalist System Work – Understanding the Difference Between Financial Services and Manufacturers
The Main Elements that are Wrong with our Economic System – First Item on my 10 Point Checklist of Dec 9/10 Understanding the Difference between a) The Financial System & b) The Manufacturer of Cars or Appliances Both manufacturers of goods, such as electric can openers or vehicles; and manufacturers of financial goods sold to… Continue reading Make the Capitalist System Work – Understanding the Difference Between Financial Services and Manufacturers
The Price of Gold
Volatility in the Price of the commodity GOLD What a period it has been. Last week the price of gold rose dramatically and this week it moderated. Last week the price of the commodity reacted to the Fed announcements rising dramatically, and this week some common sense actually occurred and the price fell. Traders in… Continue reading The Price of Gold
Some Comments on the Price of Gold
Gold Hits a New High As everyone knows, the price of gold bullion has been on a tear lately. It seems each day that passes, the price of bullion hits a new high. I think it was Greenspan who said that you can never recognize that you are in a bubble, until after bubble has… Continue reading Some Comments on the Price of Gold
The Crowd is Usually Right – The Experts are Usually Wrong
Information Overload As we muse about investing, and as we try and make sense of the overwhelming amount of information flow coming our way, two thoughts occur to us. The first is that “The media is the message”, and the second is that “The experts are usually wrong, the crowd is usually right.” Marshall McLuhan:… Continue reading The Crowd is Usually Right – The Experts are Usually Wrong
The Banks are Now Purchasing Gold
GOLD We have been suggesting since the blog started that junior resource stocks are the place to be. . We have also suggested that junior gold stocks are a favored sector. Our belief is based upon many factors, including * a worldwide concern about the value of paper money, * the decreasing amount of gold… Continue reading The Banks are Now Purchasing Gold