Views & Insights
Periodically we publish content that puts our principles and views into practice, because education is an essential component of long-term investment success.
CATEGORY: Global investing
PDF: Great Walls, Wide Moats & Red Flags
The View | October 2010
The People’s Republic of China’s rapid development is the envy of the world. The prospect of 1.3 billion people reaching income thresholds that usually portend rising personal consumption levels...
The Year of the Turkey
The View | June 2009
Have you ever watched the “talking head” interview shows on financial channels like CNBC? Usually they are structured with several guests who agree with each other, and one who has...
PDF: No Good Deed Goes Unpunished
The View | September 2005
On May 9, 2005, Dr. Werner Seifert, the CEO of Deutsche Börse AG, Europe’s most important securities exchange, was forced to resign by dissident shareholders of his company. Over Dr....
PDF: Requiem for a Brewer
The View | December 2004
In early 2002, Molson Inc., one of Canada’s grand old companies, appeared to have shaken off a history of poor decisions and positioned itself for a bright future. Under the...
PDF: Horse Sense
The View | January 2003
Jim Grant, the editor of Grant’s Interest Rate Observer and guest speaker at Burgundy’s 2000 Client Day, once wrote in a typically elegant formulation that “the tricky thing about...
PDF: Wise Passivity, Cautious Opportunism
The View | November 2001
“‘To enjoy the benefits of time’ was one of the chief maxims of the statecraft of the age. Time untied so many knots, cancelled the necessity for so many desperate...
PDF: A Year of Living Dangerously
The View | May 2001
When you saw the title of my presentation today, I expect you thought we were going to review last year’s peculiar markets. That would have given us the opportunity...
PDF: Indexers, Arbitrageurs and Organ Donors
The View | December 2000
The investment strategy that has been the biggest winner with clients in the last quarter century is neither a growth strategy nor a value strategy. It is index investing, known...