Todd's Blog

DIARY OF A PORTFOLIO MANAGER Just a heads up with some good news and some bad news. The bad news first. Ryan King is moving to Kingston. His better half is attending medical school at Queens University, and he will be there with her during that journey...

It’s Dickinson Days in Manotick and the big parade is tonight. This is the first time in a few years that there has not been a float being decorated in my driveway the day of the parade. On the investment front, many have been predictably preoccupied...

"What gives you opportunities is other people doing dumb things ... In the 58 years we’ve been running Berkshire, I would say there’s been a great increase in the number people doing dumb things, and they do big, dumb things." - Warren Buffett, May 6...

I sent out a note last week re Silicon Valley Bank and I thought that I was being super proactive. And since then, it’s been a whirlwind of a week in global markets. What’s going on? Concerns over the stability of the global banking system emerged after...

Volatility has resurfaced over the past month. It’s been most evident in the bond market, with yields having moved meaningfully higher (and prices lower), reaching levels seen in November of last year. The move on the equity side has been less pronounced...