Market fear and strategy

With the Dow Jones Industrial Average down 10% today (March 12, 2020), it enters the list of largest daily percentage losses of all time at position number four.  That is entering select, and infamous, company, with numbers two and three being October 28 and 29, 1929 (beginning of the Great Depression), at 12.82% and 11.73% respectively. Continue reading “Market fear and strategy”

Mindfulness and doing what’s right

Jean-Marc Lacoste, President and CEO of Monarch Gold (MQR.TO), organized a gathering in Montreal recently to talk with his peers from some twenty companies.  You might think that Mr. Lacoste wanted to talk about commodities or the economy, Continue reading “Mindfulness and doing what’s right”

themoneynarrative tips and pointers #14 (sector diversification)

A great deal has been written over the years about diversification – some good and some bad.  The truth is that many writers are too focussed on avoiding excess (negative) volatility, meaning that they are prepared to recommend strategies that tend to yield mediocre returns.  This tendency is exacerbated when authors are held to a particular Continue reading “themoneynarrative tips and pointers #14 (sector diversification)”

themoneynarrative economic and investing comment

The press has had a great many news stories of late about a potential significant market correction.  While themoneynarrative acknowledges that stretched equity evaluations, particularly in U.S. markets and “hot” sectors, should cause investors to exercise caution, we believe that a prolonged, significant and generalized market correction is unlikely at Continue reading “themoneynarrative economic and investing comment”

Goldcorp (G.TO)

G.TO is a large cap gold producer, with mines in Canada and Latin America.  The company’s shares have dropped significantly since late 2011, and, after some recovery in 2016, over much of the course of 2017 (notwithstanding recovery in the price of gold this year).  The company has a five-year plan (2017 – 2021) to increase margins and returns, Continue reading “Goldcorp (G.TO)”