Category Archives: Main Page

The policy-inspired and behaviour-driven ‘everything bubble’ is fulfilling its destiny, morphing into the everything bust. Cryptocurrency grand-daddy Bitcoin is off 70%, and others in the space are faring worse. Two trillion in sketchy market valuation has been vaporized in the … Continue reading →

It is important to understand that advertised investment returns typically assume that all interest and dividends are reinvested with no withdrawals for fees or spending–ever. In this way, as charted below and here, the notional annual compound return of Canada’s … Continue reading →

As the air deservedly comes out of asset bubbles globally, companies and households need to focus on weathering the financing crunch/bear market/recession and looking forward to opportunities that will arise from it. Excellent companies and products are routinely horrible investments … Continue reading →