This is a troubling time for all investors, making moves at this juncture is just going to cause more problems.

Barry Schwartz

Categorized in : Company News

Just when you thought they turned a corner they deliver this type of quarter, it's a tough business, we exited SNC a few years ago.

CNQ is going to go up and down with the price of oil. Until the price of oil recovers I don't care how good their cost control is.

We thought it was brilliant, the voices and the production, the word that comes to mind is transcendental.

Lower rates encourage people to invest, encourage businesses to make acquisitions, take on debt, expand their operations, the banks will benefit from more M&A, more stock listings, more bond and preferred share offerings, wealth management and ancillary services and loan demand.

The commodity super-cycle is over, it's done. by Barry Schwartz

The commodity super-cycle is over, it's done.

The knock against Magna has been that they haven't had the Asian and European exposure that some of the other players do, and now they do.

I don't think any Canadian bank has one dollar of assets in Greece anymore. If they do, shame on them because everybody knew about this four years ago.

Anybody who is a net saver and plans to be investing for the next many, many years should use any market selloff as an opportunity to buy, the alternative, sitting in cash earning negative returns, is unthinkable.

The valuations don't make any sense on the current oil price. But everyone expects oil prices to come back to a better level.

Pretty ugly today. Sour moods out in the markets, we've had a pretty good start to the year for the Toronto market. It's beaten some of the other U.S. indices and it's having a pretty good month. End of the month can always be wacky and weird and people are positioning their portfolios.

I want to be in businesses where there's more certainty and predictability, and an ability to control your pricing. You don't get that with the oil or oil services stocks.

That was a buying opportunity; that was Santa's gift to those who were paying attention, and they're still kind of cheap.

People are recognising that there is a difference between stock prices and business value, at some point it's cheaper for companies with cash to go out and buy oil companies instead of drilling for themselves.

At some point sellers are going to get tired of selling, to take us higher next year, I think we need to see commodities obviously stabilise and people to rush back into the financial services sector.

Too little attention is paid to the dark side of incentives. They are anything but a magic bullet. Psychologists have known this for years, but it seems largely hidden from the world of commerce.

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When you rely on incentives, you undermine virtues. Then when you discover that you actually need people who want to do the right thing, those people don't exist because you've crushed anyone's desire to do the right thing with all these incentives.

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Years of research in psychology has shown that rewards and punishments can be very effective in changing behavior. But, at the same time, they can create an addiction to rewards and punishments.

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Practical wisdom is what's called for in situations that have a m... by Barry Schwartz

Practical wisdom is what's called for in situations that have a moral dimension to them.

practical them moral wisdom

People who work in financial services don't have one shred of concern about the well-being of the people they serve. They're only interested in themselves.

well-being financial work people

How much does it really matter whether your child will soon be enjoying a first year at Harvard or Yale or will instead end up at her third or fourth or fifth choice? Probably much less than you think.

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