Today’s Valuations Impact Tomorrow’s Returns
Stephen Jenkins explains why valuations are so important and how the price paid can impact future returns.
published July 2020
posted in Soundbites
published June 2020
posted in Soundbites
Narrow S&P/TSX Composite Leadership
President and Co-CIO, Kim Shannon, explains how narrow market leadership has historically forecasted market pullbacks.
published May 22, 2020
Value Investing – Bringing it All Together (Value Investing with Legends Podcast)
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Kim Shannon was recently a guest on the Value Investing with Legends Podcast, hosted by Tano Santos, Faculty Director of the Heilbrunn Center for Graham and Dodd Investing at Columbia Business School. Kim discusses why she became a believer in value investing, Sionna’s approach to portfolio construction and why now is the best time to buy value.
published April 29, 2020
New Bull Market for Value Stocks on the Horizon? (BNN)
Kim Shannon, President and Co-Chief Investment Officer
Sionna Investment Managers
published April 2020
posted in Insights
Waiting for Dawn
Throughout human history, irrational investors have fluctuated between fear (value) and greed (growth speculation). Behavioural psychology of finance demonstrates we are more frequently and strongly collectively moved by fear of loss. This type of emotion has not been present in our markets for a long time; however, we firmly believe it will return and will benefit patient value investors who are focused on the long term.
published March 2020
posted in Soundbites
Value Opportunities in Today’s Volatile Market
Co-CIO Stephen Jenkins, outlines where Sionna has been finding opportunities during the recent market volatility.
published January 2020
posted in Insights
Energy Stocks: Unloved, Under-Owned and Undervalued
A situation currently exists that shares some similarities to the technology craze of the late 1990s to early 2000 period. During this time, everything but technology, telecom and media companies were labelled “old economy” and shunned by most investors as they chased the growth and promises of the new economy market darlings. Today, energy stocks feel like the “old economy” stocks of 20 years ago, many being left for dead with virtually no investor interest of any significance.
published November 2019
posted in Soundbites
Value Earnings Outpace Growth Earnings
Stephen Jenkins outlines a surprising discrepancy that adds further support to the case for value.
published November 2019
posted in Soundbites
The Value Minsky Moment is Near
Kim Shannon discusses the extreme spread between value and growth, reminiscent of the year 2000.
published October 2019
posted in Soundbites
Hype Indicator Suggests Caution
Kim Shannon shares her observations about the growth of IPOs with negative earnings.