Tag: capital allocation
Joe Rooney

Commodities, Contrarianism & Conviction

  Following is a common dialogue at recent investment meetings with our Canadian clients.   “Where is the price of oil going?” “The price of oil will increase.”   “When?” “We are not sure; it may decrease some more before … Read More →

Chris Stephens

The Outsiders

William Thorndike, Jr.’s book, The Outsiders: Eight Unconventional CEOs and their Radically Rational Blueprint for Success, has been making the rounds at Burgundy. It has received high praise in the industry, from hedge fund manager Bill Ackman, Peyto CEO Darren … Read More →

Ayrton Dick

Searching for Snowballs

At Burgundy, we employ a value approach to managing our clients’ wealth. However, value has a broad spectrum of styles, ranging from deep value through quality value. The deep value (Ben Graham) approach aims to buy an ordinary company for … Read More →