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.
Why Own Bonds?
The Journal | May 2015
At Burgundy, we believe that the best way to grow wealth over the long run is to own the equity of great businesses. However, we still recommend that many of...
Women of Burgundy – Celebrating One Year
The Journal | May 2015
Have you ever wondered what happens when a company begins to invest its resources in the women in its community? Well, exactly one year ago, Burgundy did just that. We...
Finding Solace in Discomfort
The Journal | April 2015
Value investing is not supposed to feel good. It’s supposed to be uncomfortable, even painful at times. In certain parts of the cycle we will feel validated, but it...
What Keeps Burgundy Up at Night?
The Journal | March 2015
Regardless of market conditions, there is one question we regularly field in client meetings: “What keeps you up at night?” For me, it is a potential misunderstanding between us and...
50 Years of Enduring Advice
The Journal | March 2015
When Tony Arrell first established Burgundy, he promised clients he would manage their money the same way he managed his own. The Burgundy investment philosophy has been and always will...
Commodities, Contrarianism & Conviction
The Journal | February 2015
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...
The Outsiders
The Journal | January 2015
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...
Thinking Like a Private Investor
The Journal | January 2015
Burgundy’s Investment Team researches numerous companies but invests in only a handful. To help us narrow down our potential investment universe, we use decision rules that point us toward...