Q3 2023 Newsletter Seven Themes Moving Markets in 2023

Q4 2022 Newsletter Key Questions for 2023

Q3 2022 Newsletter Three Essential Themes

Q2 2022 Newsletter Adding More High-Quality Holdings in Q2

Q1 2022 Newsletter Stronger Trends Emerging in Q1

Q4 2021 Newsletter Are We Entering a New Market Environment?

Q3 2021 Newsletter New Opportunities and Some Profit Taking in Q3

Q2 2021 Newsletter Mid-Year Update

Q1 2021 Newsletter Finding Opportunities and Taking Profits During Q1

Q4 2020 Newsletter Keeping the Focus on High-Quality Companies

Q3 2020 Newsletter Adding New Holdings at a Discount in Q3

Q2 2020 Newsletter Finding New High-Quality Holdings in Q2

Q1 2020 Newsletter What Matters Most in This Crisis

Q4 2019 Newsletter 2020 Will Answer Many Questions

Q3 2019 Newsletter Finding the Right Balance

Q2 2019 Newsletter The Challenge of Finding New High-Quality Holdings

Q1 2019 Newsletter Equity Markets Bounce Back in Q1

Q4 2018 Newsletter 2019 Trends to Watch

Q3 2018 Newsletter The Business Cycle is Alive and Well

Q2 2018 Newsletter Global Trade Relationships in Focus

Q1 2018 Newsletter Moment of Truth for Canadian Households

Q4 2017 Newsletter Strong Global Economy Faces New Risks in 2018

Q3 2017 Newsletter Q3 Highlights Include New Positions in Kraft Heinz and Disney

Q2 2017 Newsletter Extreme Competition Among Amazon and Other Large Retailers

Q1 2017 Newsletter Canada and the U.S. on Different Economic Paths

Q4 2016 Newsletter 2016 Positive for Stocks Despite Political Risks

Q3 2016 Newsletter Canadian Banks in Focus

Q2 2016 Newsletter Brexit Overshadowing the Real Story

Q1 2016 Newsletter Taking Advantage of Market Volatility in Q1

Q4 2015 Newsletter The Trend Has Not Been Our Friend

Q3 2015 Newsletter Celebrating One Year Together

Q2 2015 Newsletter Focus on Bank of America and Manulife

Q1 2015 Newsletter A Pill That Cures Nothing But Has Side Effects

Q4 2014 Newsletter Petro-States Playing High Stakes Poker

Q3 2014 Newsletter Shifting Fundamentals in Several Commodity Markets

Q2 2014 Newsletter Adding to Select US-Traded Stocks

Q1 2014 Newsletter Q1 Highlights Include New Positions in Abbott Labs and Unilever

Q4 2013 Newsletter Ending 2013 on a Positive Note

Q3 2013 Newsletter How Do We Find Good Stocks to Buy

Q2 2013 Newsletter Adding to U.S. Financials Again

Q1 2013 Newsletter Several Promising New Investments Added in Q1

Q4 2012 Newsletter A Major Commitment to Beaten-Down Financials

Q3 2012 Newsletter Several New Investments in Q3

Q2 2012 Newsletter Gains in U.S. Large Caps Offset by Weak Canadian Resource Stocks

Q1 2012 Newsletter Looking for Contrarian Value in Q1

Newsletter Special Edition Investment Psychology (March 3, 2012)

Q4 2011 Newsletter Have Blue Chips Become too Boring for Impatient Investors

Q3 2011 Newsletter Searching for Value in a Weak Macro-Economic Environment

Q2 2011 Newsletter Precious Metals Sector Review

Q1 2011 Newsletter Focus on Energy

Q4 2010 Newsletter 2010 Year in Review

Q3 2010 Newsletter What is an Economic Bubble

Q2 2010 Newsletter Macro-Economic Indicator Review

Q1 2010 Newsletter Industry Sector Review

Q4 2009 Newsletter Excellent Returns in 2009 Despite Multiple Risks

Q3 2009 Newsletter Realizing Gains Where Warranted

Q2 2009 Newsletter A Positive Quarter Adding Long-Term Investments

Q1 2009 Newsletter Buying Strong Businesses in a Difficult Environment

Client Update The Real Cost of Capital (February 23, 2008)