Trust the process
EdgePoint portfolio manager Andrew Pastor discusses why their investment approach is repeatable despite the unpredictable sources for their business ideas.
EdgePoint portfolio manager Andrew Pastor discusses why their investment approach is repeatable despite the unpredictable sources for their business ideas.
The start of 2022 hasn’t been kind to U.S. equity investors. As of Friday, early afternoon, the Dow Jones Industrial Average, S&P 500, and NASDAQ Composite price indices are down approximately 5%, 7%, and 11%, respectively since the calendar changed to 2022. The NASDAQ has also fallen into correction territory, as it is down more than 10%. What are the reasons for the market weakness?
The above phrase, used by Philip Petursson, Chief Investment Strategist for Manulife Investments, following the Economic Club of Canada’s annual breakfast meeting, sums up the 2019 economic view. 2018 turned negative despite positive prevailing economic factors such as a strong job market, positive global GDP and stable inflation. Canada’s population growth in 2018 of approximately...