Moguls
Polar Asset Management and Paul Sabourin, the alpha dog of Canadian hedge funds
Paid
Members
Public
Believe it or not, Polar is now almost as big as Wealthsimple. But much more profitable.
Steve Scotchmer - Mark Leonard's muse and the best private investor you have never heard of
Paid
Members
Public
One way of finding potential good managers is to look at the biggest winners in the stock market and finding out who invested early in those names. Steve Scotchmer was there at the very beginning of Constellation Software and made a killing. Surely you know of Constellation? They are a
Vaccine tourist Rod Baker of Great Canadian Gaming fame
Paid
Members
Public
Can he avoid the slammer?
Hedge fund manager Shawn Kimel donates $21m to Mount Sinai Hospital
Paid
Members
Public
Arbitrageur Shawn Kimel, founder of hedge fund K2 and his partner Kate Schatzky have gifted $21m to Sinai Health, aka the Toronto Mount Sinai Hospital. Shawn was treated at the hospital for a severe brain injury stemming from a bike accident in 2017. This will lead, among other initiatives, to
GameStop: Two Montrealers among biggest winners: Richard Mashaal of Senvest and Ryan Cohen
Paid
Members
Public
My sister publication, The Wall Street Journal, has reported on a $700m gain on GameStop, now fully realized, by a hedge fund operated by Senvest Management. Montreal connoisseurs will know that Senvest has roots in Montreal and is part of a TSX-listed holding company, Senvest Capital. It was originally started
Bill Ackman and Tim McElvaine back Andrew Wilkinson
Paid
Members
Public
A lunch with Bill Ackman paid off for Andrew Wilkinson, a mogul in his own right.
Anthony Melman and a parable on SPACs
Paid
Members
Public
Onex biggie Tony Melman and the Acasta SPAC misadventure.
Jay Hennick: from pool boy to billionaire
Paid
Members
Public
An under-the-radar billionaire who started from the bottom.
That time Brent Belzberg fought Imperial Capital
Paid
Members
Public
A David v Goliath battle on Bay Street.
Albert Friedberg, billionaire Original Gangster of Macro
Paid
Members
Public
Albert Friedberg, old-school macro trader.
The rise of Ian Ball, Rob McEwen's protégé
Paid
Members
Public
A rising star on Bay Street.
That time I met Brian Chapman of Clearwater Capital
Paid
Members
Public
Brian Chapman is an under-the-radar investment wizard.
John Phillips and Shopify - the biggest angel score in Canadian history
Paid
Members
Public
Meet Canada's newest billionaire.
Sam Belzberg's comeback and his answer
Paid
Members
Public
Start from Part 1 here. Belzberg continued to be an active and opportunistic investor. In 1992, he started Gibralt Capital as his main investment vehicle post First City. He took advantage of opportunities like the Savings and Loans crisis in the US in the 90s and distressed property in Alberta
My Bud Fox-like meeting with Sam Belzberg
Paid
Members
Public
Read Part 1 here. A friend who was acquainted with Belzberg gave me a preview of the meeting. He said: “try to keep your pants on the whole time”, meaning that Sam was a charmer. We met in a small conference room along with Travis Dowle, a portfolio manager working
Sam Belzberg - That time I met Brent Belzberg's uncle
Paid
Members
Public
In its short life, this newsletter has already amassed an audience bigger than Obama's inauguration. I feel the pressure to be relevant, so today I am going to write about a guy who peaked in the 80s and is no longer alive. You are going to enjoy it and fax
Move over Mike Katchen, Tye Bousada founded three separate billion dollar investment firms
Paid
Members
Public
I have been telling myself I need to improve my titles, so I am proud of the one above, because it combines three clichés of business journalism: rivalry, whiz kids and billions. At OPM Wire, everything is a pissing contest, so consider the following my competitive response to Report on
Robert Krembil has made another killing
Paid
Members
Public
Another case of the rich are getting richer.
Joe Lewis, Tavistock, Newton Glassman and Callidus Capital, the distressed investor that went meta
Paid
Members
Public
The saga of Callidus Capital as a public company is winding down with a shareholder vote later this month on a take private offer at $0.75 per share. The original IPO price was $14. The offer is from Braslyn, an affiliate of the Tavistock Group. Tavistock is the investment
Andrew Wilkinson of Tiny Capital, the Charlie Munger of Tech
Paid
Members
Public
So Bill Ackman is holding a Buffett-type lunch auction. Ackman is essentially a Buffett clone, except that he has an inclination for activism and shorting, which has sometimes proven too clever by half. The Buffett recipe is very hard to improve. Ackman claims to have learned from his mistakes and