“What is drama but life with the dull bits cut out” – Alfred Hitchcock Drama Is Constant The Attention Economy is, according to Wikipedia, “an approach to the management of information that treats human attention as a scarce commodity and applies economic theory to solve various information management problems. Put simply by Matthew Crawford, ‘Attention… Read More
The Smof Investment Blog
“In the old legend the wise men finally boiled down the history of mortal affairs into a single phrase: ‘This too will pass’” – Benjamin Graham The Stock Market Pulls Back This week, markets pulled back in a noticeable way. The S&P/TSX Composite Index finished down 3.3%; the S&P 500 was down 3.9%; the… Read More
“Nothing in fine print is ever good news” – Andy Rooney Weekly Update – A Warning To Home Buyers You may have read about a July 31st ruling upheld by the Tax Court of Canada regarding Section 116 of our tax law. This specific section requires the purchaser of real estate to withhold 25 per cent… Read More
“Fall seven times and stand up eight” – Japanese Proverb Weekly Update – By The Numbers North America The TSX closed at 16,073, down -151 points or -0.93% over the past week. YTD the TSX is down -0.84%. The DOW closed at 26,458, down -286 points or -1.07% over the past week. YTD the DOW… Read More
“I choose a lazy person to do a hard job, because the lazy person will find an easy way to do it” – Bill Gates Weekly Update – By The Numbers North America The TSX closed at 16,224, up 210 points or 1.31% over the past week. YTD the TSX is up 0.09%. The DOW… Read More
“I think you have to learn that there’s a company behind every stock and there’s only one real reason why stocks go up. Companies go from doing poorly to doing well or small companies grow to large companies” – Peter Lynch Weekly Update – By The Numbers North America The TSX closed at 16,013,… Read More