The credit crisis has clearly evolved into a crisis of confidence. This is impacting the economy in a very real way as business and consumer spending has ground to a halt. This environment is stress testing business models to an extent we ...
For equity investors, the months of September and October seemed like an eternity. Losses, year-to-date, were worse than even the "bears," like ourselves, predicted. One must now go back to the early 1970's and, even worse, the 1930's, to compare with other ...
Here we are, Halloween, one of my favourite times of the year. Ahhh, the tootsie rolls and the little munchkins dressed up as spooky ghosts and goblins is just the diversion most of us need right now. To top it off, the ...
What a week this has been! Currently, governments around the world are trying to alleviate liquidity problems in the first half of this economic environment. The halves of this sporting contest can be separated into liquidity concerns in banks and a slowdown ...
"I'm phoning about my exposure to AIG, Lehman and Freddie Mac and Fanny Mae?
"You haven't any."
"Whew."
"You're invested in smaller Canadian companies. They have no exposure."
Last week we reviewed QV Investors' corporate governance guidelines. This week we discuss three more governance qualities and capabilities that are of greatest importance to us. They are as follows: