Pandemic Pricing: Assessing Value During COVID-19
The Journal | June 2020
The world is facing a pandemic unlike anything we have seen before. As public health officials continue to learn about the trajectory of COVID-19, Burgundy has kept a watchful eye ...
Two Proverbs
May 2020
In late 1984, in the first weeks of my career in the capital markets, I took part in a discussion about the world economy. The oil patch was in crisis and ...
COVID-19 – Community Support
April 2020
The COVID-19 pandemic has had an impact on all of our lives. Uncertainty about the future has spurred palpable anxiety, and understandably so. While we are all going through this ...
The 100 Year Culvert
The Journal | April 2020
Before my career in investing I had a career in forestry, where I spent most of my time working on Vancouver Island and on Canada’s Northwest coast – to ...
Investing in a Plague Year
April 2020
A few days into the market maelstrom of March 2020, I was sitting in front of my TV watching the financial channels. Really unbelievable things were happening. Equities plunged and soared ...
What we need
March 2020
With far too much alone time this past week, and in response to the good questions you have been asking about this crisis, I developed the following narrative to convey ...
Where we are now
March 2020
At Burgundy, we pride ourselves on doing meticulous research and owning excellent companies run by trustworthy people. As quality/value investors, we often find the two parts of our philosophy ...
Update from Burgundy on COVID-19 Response
March 2020
The health and safety of our clients and our employees are of the utmost importance to us during this challenging period. Given the concern associated with the spread of COVID-19, ...
In Volatile Times
The Journal | February 2020
Trade disputes, low and declining interest rates, an unpredictable political environment, and a potential pandemic all point to a future beyond the scope of existing forecasts. The significant market ...