Elaine Martin

Elaine Martin

Elaine joined Sionna as a Trader in 2014. She brings more than 25 years of experience, most recently as North American Sales Trader at Pavilion Global Markets. She earned her Business Administration diploma at Sheridan College and has completed various Canadian Securities Institute courses, including the Canadian Securities Course, Canadian Investment Finance Part I and II and the Conduct and Practices Handbook Course. In 2006, Elaine obtained her U.S. Series 37 designation. Elaine is a member of the Institutional Equity Traders Association of Toronto and the Canadian Securities Traders Association.

Brothers Grimm: A Cautionary Tale

At Sionna, we go by the philosophy that it is better to know what may be hiding around the corner – this way you don’t panic and, in the investing world, you can prepare yourself so you don’t react irrationally. We know that markets are unpredictable, however the more informed we are, the better we can rationally respond to unanticipated events.

Sionna’s Kim Shannon Unveils the Case for Imperial Oil, One Clue at a Time (Financial Post)

There is a fair chance that Imperial Oil, which reported its third quarter financials Friday, is etched in the mind of Kim Shannon, founder and chief investment officer at Sionna Investment Managers.

Welcome Home, Kim Shannon (Rotman Asset Management Association)

I had had the chance to catch Kim Shannon speak the year before at a RAMA event. She had just published her book, The Value Proposition, which had brought a packed audience of faculty, alumni and industry insiders. The speech explained her incredibly unique approach to value investing. Her sensitivity to the Canadian market had allowed her to abandon the pure-blood value investing approach in favour of her own “relative value” method, which accounted for a country overweight in cyclical stocks.

Harnessing the Power of a Misunderstood Tool

With the number of buybacks hitting record-breaking highs, share repurchases have increasingly become a popular topic on the news. Many commentators argue that the surge in buyback activity was an impending sign that the market was set for a correction. History, and recent market weakness, tells us that there may be some truth to this belief.

Katie Ophelders

Katie Ophelders

Katie joined Sionna’s relationship management team in 2015 as Marketing Manager. Prior to joining Sionna, Katie was an Account Supervisor at H2 Central Marketing and Communications, primarily working with clients in the financial services industry. She earned her Honours Bachelor of Commerce degree from the DeGroote School of Business at McMaster University and after graduating, Katie spent several months volunteering at the 2010 Vancouver Olympics and Paralympics. She has successfully completed the Canadian Securities Course and the Investment Management Techniques Course through the Canadian Securities Institute.

In Stock Market Drama, Investors Should Ask: What Would Warren Buffett Do Today? (Financial Post)

Unlike the hordes of sellers who seemingly wanted out at any price, two of the country’s best-known value investment managers – Prem Watsa from Fairfax Financial Holdings Ltd. and Kim Shannon from Sionna Investment Managers Inc. – were spectators to the dramatic turn in global stock markets on Monday.

Discovering Value in Obvious – But Overlooked – Places

Recently, I was asked to participate in a mystery stock presentation for a group of investment professionals where I would slowly reveal the name of one of my favorite investments by providing more and more information as we went along. After struggling to choose a unique and exotic name to present I realized that my best choice was right in front of me the whole time.

Searching Beneath the Surface

Traditionally, value investors are perceived as focusing on companies that trade at low price-to-earnings (PE) and price-to-book (PB) multiples. At Sionna, we believe these traditional methods are best married with extensive fundamental analysis and a healthy dose of skepticism since multiples can be misleading in some cases.

Home Sweet Home

With the Canadian capital market under siege again, we decided to brush off our 2006 essay, “Who is Afraid of the Canadian Stock Market”, and update it to address the current publicity. We find it interesting that Canadian investors are willing to consider severe criticism – that our market is sub-par and exposure to it should be minimized for our best interests – with very little backlash.