SMART MONEY

How to deal with the ups and downs of the market

When we hear of a drop in the market, this news often places an emotional strain on investors. A clear focus and understanding of how your money is being managed can help navigate those market events. 

 

"This time is different" are among the most costly four words in market history.
- Sir John Templeton

Look at market fluctuations as your friend rather than your enemy profit from folly rather than participate in it.
- Warren Buffett

The investor's chief problem – and even his worst enemy – is likely to be themselves.
- Benjamin Graham

Bull markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria.
- Sir John Templeton

We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
- Warren Buffett

Stocks aren't lottery tickets. There's a company attached to every share.
- Peter Lynch

Price is what you pay. Value is what you get.
- Warren Buffett

The only investors that shouldn't diversify are those who are right 100% of the time.
- Sir John Templeton

 

The Firm - CIBC Wood Gundy is a North American leading full service brokerage firm with more than 1,000 Investment Advisors in 80 branches across Canada. Its integration within one of the most influential and solid financial company gives it a worldwide notoriety. Acquired by CIBC in 1988, CIBC Wood Gundy is the retail division of CIBC World Markets Inc., the corporate and investment banking arm of CIBC, a full-service global financial institution.

 

The History - The Wood Gundy partnership opened its doors for business in Toronto on February 1, 1905, specializing in underwriting and distributing municipal and provincial bonds. Its founders, George Herbert Wood and James Henry Gundy, envisioned a financial services firm built on innovation, integrity and solid client relationships - values that the firm maintains today.