Home 2009 February

Warren Buffett needs to update his golf handicap

Published on February 27, 2009 by in Golf

I’ve been thinking about golf of late. Warm weather (albeit temporary) in Toronto will do that. My handicap went up last year, which is not easy to do — had my hands full on many fronts. Dealing with the ravages of the recession on the economy and the portfolio, raising more capital for our fund,

 
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U.S. Bank stock analysts still too rosy about 2009

Guess what research analysts think is going to happen to earnings for the S&P 500 in 2009? Shrink or grow versus 2008? The headline was probably too much of a hint, but it stunned me to hear yesterday that equity research analysts — en masse — predict earnings growth for the S&P 500 in 2009.

 
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We will dearly miss Ross McMaster

With the passing of Ross McMaster, Bay Street has lost one of its best institutional salesmen. I worked with Ross for the better part of 5 years at Orion Securities. He as one of the key Institutional Salesmen and me as the lowly investment banker. He approached every equity offering with the highest of intensity.

 
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Media Hat Tip #48

In case you missed it, Andrew Willis, the Streetwise Columnist at The Globe and Mail, picked up on our “2008 gave new meaning to the word ‘brutal’ for Canada’s Innovation Economy” post from last week. Here’s the link to his online piece. AO

 
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Bay Street Buzz

This information courtesy of Bill Vlaad, of Vlaad and Co.: “Robert Weston has joined OMERS Strategic Investments as Senior Vice-President, Strategic Co-Investments. Weston was previously a Managing Director at State Street Global Advisors. Dave Bustos is moving from Inwest Investments to Head the Vancouver office of RBC Capital Markets Investment Bank. Bustos has also previously

 
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