Beyond the Buzz: Managing Long-Term Risk in an Age of Short-Term Euphoria
Beyond the Buzz: Managing Long-Term Risk in an Age of Short-Term Euphoria By Scott Tomenson Markets are euphoric. The S&P flirts with record highs, Bitcoin surges on liquidity hopes, and central banks hint at rate cuts. For many investors, it feels like the worst is behind us. But beneath the surface, the risks we’re ignoring […]
High Rock’s Preferred Share Mandate After 1 Year
Back in October 2023, we hosted a call explaining the opportunity in the C$ Preferred Share market. It was becoming as dislocated as it was in 2017, when we last too advantage and ran a Special Mandate. Preferred Shares are not well understood and very difficult to value properly. Thankfully, we both understand them and […]
Chasing Returns Part 2
1 year ago, getting into 5-6% GIC’s was all the rage. It doesn’t look so good now.
High Rock Preferred Share Opportunity Mandate 2.0
High Rock Preferred Share Mandate 2.0 began in November 2023. If you want to learn how we took advantage of the dislocation at that time, please reach out.
Chasing Returns
Investors sold balanced funds in 2022 and 2023 and moved into GIC’s, chasing returns. What a shame!
Canadian Inflation
Maybe its time to start thinking about the client?
When Will Interest Rates Move Lower?
Trying to figure out when interest rates will peak is easier than most people think. How to profit from higher rates is less easy.
Why High Rock Has Not Owned AT1/Bail-in/LRCN Securities
Banking Capital Structure has been upended with the UBS takeover of CS. One needs to be careful of avalanche risk, whether investing or backcountry skiing (which I did last week).
60-40 or 40-60 Or What?
An age old argument rears its head after a difficult year for investors: what should my portfolio balance be?