Money Managers

Move over Mike Katchen, Tye Bousada founded three separate billion dollar investment firms

I have been telling myself I need to improve my titles, so I am proud of the one above, because

OPM Oct 28, 2019 3 min read

Private Equity

Sagard Holdings, Power Corp's answer to Blackstone, has made $27 million since 2005

Who is providing capital to media darling Wealthsimple? Power and affiliates? Wrong! Companies don’t make decisions, humans make decisions.

OPM Oct 26, 2019 2 min read

Fintech

The Wealthsimple founders before Wealthsimple

The three co-founders of Wealthsimple.

OPM Oct 23, 2019 3 min read

Fintech

Is Dave Nugent still Chief Investment Officer of Wealthsimple?

Let me start by telling you about a pivotal event that happened at the foundation of Wealthsimple. In Canada, in

OPM Oct 19, 2019 4 min read

Memba them?

James S. A. MacDonald, Canadian hedge fund pioneer and the last boss Greg Boland had

Today, I am launching what will be by far my most popular feature, Memba him (which I totally copied from

OPM Oct 17, 2019 1 min read

Fintech

Are Koho, Wealthsimple and Power one happy family?

As I promised last time, I am moving on from Wealthsimple to talk about Koho.  As it happens, Koho also

OPM Oct 16, 2019 3 min read

Fintech

Forgive me for saying this, but Wealthsimple is one of the more bloated robo-advisors

The central tenet of passive investing is that lower fees are the surest path to satisfactory performance.  Pioneer John Bogle

OPM Oct 15, 2019 2 min read

Fintech

Wealthsimple's global ambitions are - to date - a flop...we have the numbers

In 2018, Wealthsimple founder Michael Katchen penned an essay saying "Canada is bad at thinking big". Wealthsimple launched

OPM Oct 13, 2019 1 min read

Moguls

Robert Krembil has made another killing

Another case of the rich are getting richer.

OPM Oct 10, 2019 2 min read

Fintech

What Wealthsimple acquiring SimpleTax means and why tax preparers are the urologists of the financial world

Last month, Wealthsimple acquired SimpleTax, an online DIY tax filing service out of BC.  SimpleTax has about ten employees and

OPM Oct 7, 2019 3 min read

Private Equity

Joe Lewis, Tavistock, Newton Glassman and Callidus Capital, the distressed investor that went meta

The saga of Callidus Capital as a public company is winding down with a shareholder vote later this month on

OPM Oct 5, 2019 1 min read

Tech/VC

Andrew Wilkinson of Tiny Capital, the Charlie Munger of Tech

So Bill Ackman is holding a Buffett-type lunch auction. Ackman is essentially a Buffett clone, except that he has an

OPM Oct 1, 2019 1 min read