Archive for the ‘Investment Executive’ Category

The frustrations of exploding deficits

Monday, November 8th, 2010

My “LEtter from Calgary” column from the October 2010 issue of Investment Executive newspaper: Alberta’s deficit has never been higher, and dealing with it could be damaging What do the most left-wing government in the U.S. and the allegedly most conservative government in Canada have in common? An addiction to spending amidst self-righteous insistence that [...]

Putting the tarsands* in perspective (*Toronto editor’s headline)

Tuesday, November 2nd, 2010

My column from the July 2010 issue of Investment Executive newspaper: (*Note on headline: This was the Toronto editor’s decision. I always call them the “oil sands”. Tar is a product made from coal.  Bitumen (the “oil” in the oil sands) is a form of crude oil.) As bad as BP’s disastrous oil spill in [...]

People are feeling better. But why?

Thursday, March 25th, 2010

My “Letter from Calgary” column in the March 2010 issue of the Investment Executive newspaper Some are suggesting that Alberta’s blockbuster boom needed to cool Some recent polling got me thinking about the relationship between psychology — people’s beliefs and outlooks — and objective reality. After 18 months of economic hammering, Canadians report feeling … [...]

How to spot a con artist

Thursday, December 3rd, 2009

My Letter from Calgary column from the November 2009 issue of Investment Executive: Westerners could be better at conducting a reality check when “opportunity” knocks Among the descriptors people typically attach to the Prairies culture, entrepreneurialism belongs near the top of the list. Over the brief histories of the three provinces, the region — particularly [...]

Calgary’s economic dynamic is bizarre – count on it

Friday, November 28th, 2008

My Letter from Calgary column published in the November 2008 issue of Investment Executive: If the effects of the market meltdown and accompanying recession on a particular city or region seem hard to predict, here in Calgary don’t even try. A general economic downturn could be devastating – or we might not even notice. Falling [...]

Gas prices call for counter-cyclical moves – not conformity

Thursday, August 14th, 2008

My “Letter from Calgary” column from the August 2008 issue of the Investment Executive newspaper: The other day my investment adviser sent along a hilarious though grimly apt graph from a Trimark presentation showing the emotional cycle of investors as they ride – and bungle – the investment cycle. Feelings like “thrill” and “excitement” accompany [...]

Not a bust, but something new

Monday, February 11th, 2008

“Letter from Calgary” from the February 2008 issue of Investment Executive: When Alberta’s economy crashes, you really know it. Mass layoffs, foreclosures, bankruptcies, empty office towers, weed-eaten industrial parks, homeowners walking away from mortgages, sports cars and fancy trucks practically given away in the Bargain Finder, hours of shouting on talk radio, new bumper stickers [...]