Money Managers

My opening salvo against Prime Quadrant
Members Public

Many people said I could never become presidential and yet I have not written anything incendiary in many months.  I have pulled a complete 180, just like Trump after he won the election (the first time).  Of course, I am only human, so occasionally, I will have presidential relapses.  I

HNW shops

Steve Scotchmer - Mark Leonard's muse and the best private investor you have never heard of
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

Moguls

Gluskin Sheff downgraded to low-status
Members Public

An update on Gluskin Sheff under new owners Onex.

HNW shops

Bridging Finance bagholder update
Members Public

Recovery rates will be low.

Money Managers

Key players in the Bridging Finance shutdown
Members Public

Featuring Ninepoint Partners (the former Sprott Asset Management), Admiral Gary Ng and the former CEO of OPTrust.

Kompromat

Bay Street Lame Ducks taking advantage of wage subsidies
Members Public

Some well-known names on the Street are taking advantage of wage subsidies!

Kompromat

Reza Satchu-ration
Members Public

Possibly my last post on Reza Satchu. No promises, though.

Kompromat

That time Reza Satchu had a home in Nevada
Members Public

A little known part of the Reza Satchu story!

Kompromat

That time I called Reza Satchu's mom
Members Public

More interesting revelations about Reza Satchu, founder of Alignvest.

Kompromat

Reza Satchu: Kevin O'Leary with hair
Members Public

The myth and reality of Reza Satchu.

Kompromat

Walter Global Asset Management wants to back money managers...sad!
Members Public

A wealthy Montreal family office wants to invest in emerging managers, for some reason.

Family offices

The nature of the Portfolio Manager - Analyst relationship
Members Public

I wrote this essay on the true nature of the analyst’s role when they work for a portfolio manager. This piece originates from a discussion I was having with an analyst who felt confused about his role. It might also help cure some delusions many portfolio managers have, but

Money Managers

Francois Rochon of Giverny Capital: The real Warren Buffett of Canada
Members Public

Calling a successful investor the "Warren Buffett" of X is a journalistic cliché. Often, the people so described have very little in common with Buffett's approach. Many managers cover themselves in the cloak of Buffett. But few are truly close adherents to his strategy. Francois Rochon of Giverny Capital is

Money Managers

Cymbria: a Berkshire-like exit option for business owners looking to sell
Members Public

I buried the lead in my previous story on EdgePoint Wealth. What I should have said is that the founders of EdgePoint used $2.5 million in startup capital to create $1.5 billion (and counting) in value for their business in a little over 10 years. And at the

Private Equity

Move over Mike Katchen, Tye Bousada founded three separate billion dollar investment firms
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

Money Managers

Robert Krembil has made another killing
Members Public

Another case of the rich are getting richer.

Moguls