Author: <span class="vcard">Mathew Harrison</span>

KISS

Confucius wrote that life is really simple, but people insist on making it complicated. The investment business takes this truism to the extreme. What could be relatively simple is often twisted, layered, tranched, and repackaged in the name of new and exciting, where something dull and well-understood would suffice. And, the industry profits handsomely from… Continue reading “KISS”

On Gold

Given the dramatic drop this week in the price of gold, we thought it timely to revisit Burgundy’s view on the topic. At Burgundy, we are often asked about gold and, more specifically, why we are reluctant to own any in our portfolios. It’s not that we haven’t considered whether gold would be an appropriate… Continue reading “On Gold”