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“An explosive critique about the investment industry: provocative and well worth reading.”
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Human nature is prone to self-harm in financial bubbles
Twenty-four years ago, I was studying to become a financial analyst while working at a stock brokerage. Equity markets and animal spirits were soaring; the Nasdaq doubled in 1999 alone. Nortel was Canada’s pride and joy, accounting for over a … Continue reading
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Florida’s ‘condo cliff’
I regularly hear about people thinking of selling their Florida real estate due to escalating costs. An aged population increasingly feels the same way, and the weak loonie is a final catalyst for many Canadians. Who will be willing to … Continue reading
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Market snakes follow ladders
Canada’s Venture Composite Index (a basket of economically sensitive micro-cap companies, 44% weighted in materials, 30% information technology, 15.74% in energy, 3.5% health care, 2.48% financials, 1.85% industrials, .58% communication services, and .32% consumer discretionary) appears to concur with former … Continue reading
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