Tag Archives: Long-Term Investing
The compounding of Roger Federer
At first blush, sports may not appear to have much in common with investing. But beyond being something to watch…
Continue reading
How to shift from investor to forecaster
Are you a good investor? Or, to ask exactly the same question differently, how good are you at predicting the…
Continue reading
Just starting to invest? Follow these steps for long-term success in building your wealth
The beginning of the new year is an ideal time to update your financial plans and, if you are in…
Continue reading
Why putting the investment odds in your favour is so hard
Norman Rothery’s ranking this past weekend of the 250 largest stocks on the TSX pointed out the advantages of tilting…
Continue reading
Untangling luck and skill in investing
What is the ratio of luck to skill in the following pursuits: picking lottery tickets, running a race and investing?…
Continue reading
When it comes to investing, time trumps rate of return
In 2005, the novelist David Foster Wallace gave a commencement speech at Ohio’s Kenyon College. He began: “There are these…
Continue reading
As stocks nosedive, don’t lose sight of the difference between price and value
A cynic is one “who knows the price of everything and the value of nothing.” This comment, by a character…
Continue reading
Why ‘stay the course’ is good advice for investors
In a thought-provoking article last month, Globe and Mail contributor John De Goey questioned the common investing advice to “stay the course”…
Continue reading
Three errors every investor, big or small, needs to avoid
At Longview, we recently recorded a decade of annualized investment returns of more than 17 per cent in our global…
Continue reading
Steel resolve: A hands-off approach to investment gains
In Ian McEwan’s recent novel, Machines Like Me, the main character buys an advanced robot that winds up competing with him…
Continue reading
Why is the U.S. stock market up when the economy is shrinking?
In economics, interest rates act as gravity behaves in the physical world. At all times, in all markets, in all…
Continue reading
Compound interest may not be Einstein’s eighth wonder, but it is a powerful tool for investors
If you invest a sum of money at 10 per cent for five years, you will multiply your wealth by…
Continue reading
The argument against holding bonds: Your portfolio is better off without them over the long haul
Studies have shown that, when it comes to investing, most people make decisions based on intuition rather than reasoning. They…
Continue reading
In investing, you need to understand the importance of time
When people talk about investing in stocks, a comment often heard begins with: “The most important thing is …” How…
Continue reading
Why a do-nothing approach to investing is often the right way to go
Have you ever come across an article in the financial press recommending a do-nothing or “couch potato” stock portfolio? Typically,…
Continue reading
The struggle to invest rationally
Richard Thaler won this year’s Nobel Prize in Economics. This is the third time in the past 15 years that…
Continue reading
The folly of trying to time the market
Is now a good time to invest in the stock market? When asked this question, most market commentators respond with…
Continue reading
Putting the odds in your favour when investing
At a Berkshire Hathaway annual meeting, Warren Buffett was asked how he managed to be such a successful investor. He…
Continue reading
Why 1-per-centers should not live on dividends alone
What will 2016 bring for Canadian investors? Two obvious trends will be a higher percentage of our aging population living…
Continue reading
Take your time when choosing an advisor
The Globe and Mail has published several insightful articles on how to invest successfully in stocks. However, most people would…
Continue reading
Predictable companies are long-term hits
Twitter Inc.’s recent IPO has many people talking about how its business will evolve in coming years. The one thing…
Continue reading
Maximize investment returns while minimizing taxes
Today’s media are full of advice for the retail investor. At least 99 per cent of that advice relates to…
Continue reading
Overconfidence: the Achilles heel for investors
Several years ago I was discussing with a colleague the well-known strategy of buying companies with low price-to-earnings ratios. He…
Continue reading
If you want to beat the average, try what works on Wall Street: discipline
The Globe and Mail’s Strategy Lab, which pits growth, value and other stock-picking styles against one another, raises the essential…
Continue reading
Book Recommendation: “The Little Book of Behavioural Investing”
This book explains why most investors (including the pros) underperform the index — i.e. how, when it comes to investing, human…
Continue reading
Book Recommendation: “The Intelligent Investor”
The timeless classic on value investing. Read especially the Introduction and Chapters 8 and 20. The Appendix includes Buffett’s famous…
Continue reading
