Bay Street Relives Black Monday; ‘It was Absolute Pandemonium’ (The Globe and Mail)

Sionna's Kim Shannon remembers Black Monday on its 30th anniversary.

Celebrating Women in the Investing Industry

Kim Shannon
President & Co-Chief Investment Officer

Investment Lessons Inspired by Bob Rae

While the United States gets ready to vote for their new president next Tuesday, I am reminded of a book I read, “What’s Happened to Politics”, written by Bob Rae. He has had political leadership roles, both provincially and federally in Canada, and along the way has learned many truths about leadership and human motivation and capabilities. I attended a book club gathering, where Bob Rae discussed his book, and I soon realized that some major insights he had learned from a career in politics were equally as applicable to investing.

 

The Search for Sustainable Long-Term Investments

The topic of Environmental, Social and Governance (ESG) investing is one that continues to gain in popularity. ESG investing can have different meanings to individual investors, and ESG principles can be incorporated into investment processes in a multitude of ways. At Sionna, we thought it would be worthwhile to share our interpretation of ESG principles and how we apply them to our research process.

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.

Getting Comfortable with Discomfort

As value investors, we often have to make the challenging decision to buy and hold a business that is out-of-favour. When faced with the opportunity to buy shares in an unloved company, the easiest option can be to avoid it altogether – along with the criticism, stress and fear that can come with deploying capital into the investment.

Le Bourse avant l’économie (La Presse)

Chaque samedi, un financier répond à nos questions. Il donne sa lecture des marchés, offre son point de vue sur la Bourse et lance quelques conseils d'investissement. Cette semaine, Kim Shannon, chef des placements chez Sionna Investments.