Scorecard #9 – Taking Stock
… We first wrote about Home Capital in the Globe & Mail on August 8, 2012. Since then the company has done what it usually does – execute on its business plan and increase earnings per share at a steady pace.
Scorecard #7 – Anchors Aweigh
… Many (most?) investors are fascinated by the daily fluctuations of the stock market. CNBC, BNN and other business news programs fill countless hours of their programming days featuring “experts” that try and give meaning to recent market moves and predict the way forward. Investors are thus conditioned to search for meaning in Mr. Market’s every twitch. It is a Pavlovian-like process.