The probability of recession is high. For companies and portfolios, what does it mean to be positioned defensively?
Fortune Favours The Bold… Or Not
2022-06-17, Diana Chaw
History suggests a useful upgrade to the axiom might be “Fortune favours… the prudently bold.” Examples of measured risk taking.
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Learning From Experience
2022-01-28, Diana Chaw
Without a concrete investment thesis it is easier to lose conviction in what you own, increasing the risk of an ill timed exit that cements a capital loss.
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Investing Is Not A Newtonian Universe
2021-10-22, Diana Chaw
The world of investing is neither predictable nor orderly. The best we can do is create bands of reasonably probable outcomes.
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On Corkscrew Thinking
2021-08-13, Diana Chaw
Applying Sir Winston Churchill’s concept of “corkscrew thinkers” – people who were unafraid to think and act differently than others – to investing.
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The Great White Short (Updated)
2021-06-04, Diana Chaw
One year later, we provide an update on investment considerations and the health of Canadian banks.