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.
PDF: Minerva: the Women of Burgundy Magazine, Issue 2
Minerva | October 2019
The second issue of Minerva, a publication by the Women of Burgundy. This magazine is a shared effort to foster curiosity, confidence and continual growth for women as investors...
Hot or Not?
The Journal | July 2019
In September 2008, Slumdog Millionaire won the People’s Choice Award at the Toronto International Film Festival (TIFF). The movie follows 18-year-old Jamal from the Juhu slums in Mumbai to his...
Naïve Optimism
The Journal | June 2019
This year’s Burgundy Forum – our 20th annual Client Day event – recognized the careful balance between rationalism, cynicism and optimism as it pertains to behaviour and diversity of thought. K...
$13 Trillion and Rising
The Journal | April 2019
In recent months, the financial media has been preoccupied with debt. We understand the attention. A little over a decade ago, high levels of American household debt were a catalyst...
Greetings from the Pearl River Delta
The Journal | February 2019
On October 31st, we embarked on our six-month research project in China. Our objectives were to understand China better, to develop a network of professionals with valuable insights we could...
Who Pays?
The Journal | January 2019
Over a year ago, Burgundy did a complete reassessment of our research costs based on new financial rules from Europe called MiFID II. Historically, brokerage firms have incurred expenses on...
Price vs. Value
The Journal | January 2019
Our job at Burgundy is to understand the true value of the quality companies that comprise our portfolios and Dream Team lists. That’s the reason we focus so heavily...
The Mathematics of Down Markets
The Journal | December 2018
One of the hallmarks of value investing is that its practitioners cultivate a state of mind where their attitude is the inverse of the market’s. As bull markets advance...