Memba them?

Lawrence Bloomberg's reputation (1979-2022)
Members Public

An update on Larry Bloomberg, BloombergSen and their new Optimist Fund.

Hedge funds

Greg Boland of West Face Capital has fallen
Members Public

No one won from the Goliath vs Goliath fight that captivated Bay Street.

Hedge funds

TV’s Andrew McCreath reaches $1B AUM
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A rare fund that's up in 2022.

Hedge funds

Steve Scotchmer - Mark Leonard's muse and the best private investor you have never heard of
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One way of finding potential good managers is to look at the biggest winners in the stock market and finding out who invested early in those names. Steve Scotchmer was there at the very beginning of Constellation Software and made a killing. Surely you know of Constellation? They are a

Moguls

Rod Baker, Neil Baker and Gordon Capital, the Disruptor of the 80s
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Rod Baker's dad Neil Baker was a Bay Street legend!

Memba them?

The Millennial's guide to Gordon Capital, Jimmy Connacher and Neil Baker
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A guide to the legendary Gordon Capital, the Big, Bad disruptor of the 80s... like The Wolf of Wall Street, but in a convenient blog post format.

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Anthony Melman and a parable on SPACs
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Onex biggie Tony Melman and the Acasta SPAC misadventure.

Private Equity

Eric Rosenfeld of Canaccord and SPACs
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Eric Rosenfeld is back in the news with Canaccord.

Hedge funds

Move over phoenix, Nick Maounis is also a Greek legend
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The comeback of Amaranth founder Nick Maounis.

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Eric Nuttall - oil and gas fund manager of the decade
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Let’s go there and talk about man of the hour, Eric Nuttall. The last man limping in the active management of an energy fund. People want me to talk about Eric Nuttall - I have resisted so far, because he fails the bigliness test. Also, I didn’t want

Hedge funds

Albert Friedberg, billionaire Original Gangster of Macro
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Albert Friedberg, old-school macro trader.

Hedge funds

Polar Asset Management, Original Gangster of Canadian hedge funds
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Polar has been around for a long time and is a rare institutional-grade hedge fund in Canada.

Hedge funds

The rise of Ian Ball, Rob McEwen's protégé
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A rising star on Bay Street.

Moguls

OPM Wire revokes Greg Boland's title as The Smartest Guy on Bay Street
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“Investor activism is a shareholder right; it’s only newsworthy because investors were quite lazy for so long.” Greg BolandEver since Derek DeCloet declared Greg Boland the "Smartest Guy on Bay St." in 2006, this notion has gone unchallenged. That is, until I started stirring things last year. Now, upon

Hedge funds

That time I met Brian Chapman of Clearwater Capital
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Brian Chapman is an under-the-radar investment wizard.

Moguls

OPM Wire goes activist on West Face's ass
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My other resolution is to double down on the fire-breathing. Welcome to OPM Wire, Phase 2. You know that advice to newly incarcerated inmates that on your first day, you should pick a fight with the biggest guy in prison so that everyone else falls in line? Today, OPM Wire

Hedge funds

Jeff Banfield, Original Gangster of Arbitrage
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Jeff Banfield is primarily known as an arbitrageur. After working for many years as a prop trader at banks, he started Banfield Capital Management in 1997. In February 2001, Banfield was allegedly involved in some insider trading shenanigan (or it might have been a kerfuffle, I'm not a regulation expert)

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Eric Sprott and Tom Stanley lost big yesterday
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Eleanor Roosevelt said great minds discuss ideas; average minds discuss events; small minds discuss people. But why would you listen to an antisemite who married her fifth cousin? So forget her, we are going to discuss events and people. Specifically, Tom Stanley (aka Tom Lazarus Stanley), Eric Sprott and how

Hedge funds

Sam Belzberg's comeback and his answer
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Start from Part 1 here. Belzberg continued to be an active and opportunistic investor. In 1992, he started Gibralt Capital as his main investment vehicle post First City. He took advantage of opportunities like the Savings and Loans crisis in the US in the 90s and distressed property in Alberta

Moguls

My Bud Fox-like meeting with Sam Belzberg
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Read Part 1 here. A friend who was acquainted with Belzberg gave me a preview of the meeting. He said: “try to keep your pants on the whole time”, meaning that Sam was a charmer. We met in a small conference room along with Travis Dowle, a portfolio manager working

Moguls

Sam Belzberg - That time I met Brent Belzberg's uncle
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In its short life, this newsletter has already amassed an audience bigger than Obama's inauguration. I feel the pressure to be relevant, so today I am going to write about a guy who peaked in the 80s and is no longer alive. You are going to enjoy it and fax

Moguls

Move over Lazarus, Tom Stanley also rose from the dead
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This post, like my last one, is about Tom Stanley, although from now on, I will call him Tom Lazarus Stanley. In case you don’t know, Lazarus is a Bible character who was brought back to life by Jesus. Of course, Jesus also famously came back to life, but

Hedge funds

Tom Stanley of Resolute Performance has delivered near 8x returns since 2016
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Move over Tiger Woods, there's a new Comeback Kid.  Tom Stanley is the manager of the Resolute Performance Fund, a strategy he has been managing continuously, in various guises since 1993. For a while he had a phenomenal track record and reputation, culminating in a 2005 Report on Business Magazine

Hedge funds

Greg Boland is probably a nice guy. At least, I really hope so
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What possessed me, a newbie blogger, to start a campaign to elicit the performance history of Greg Boland, one of the most powerful men in Canadian finance? At this point, I would settle for just knowing how big his RRSP is and on behalf of the Globe, what his favourite

Hedge funds

Will Greg Boland keep you warm in the middle of a protracted drawdown?
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We readily concede that Greg Boland is really astute. But no one is infallible. Every manager has periods of adversity. In such a situation, would his brains be enough to keep giving you warm fuzzies? Some of you may know this as the Shania Test. Forget Sharpe ratios, the Shania

Hedge funds

I tried to contact Greg Boland. I was unsuccessful. I am drawing adverse inferences.
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I want to turn my attention to Greg Boland and West Face Capital. He's probably the most prominent hedge fund manager on Bay St, manages billions and is a mover and shaker in Canadian corporate boards. Just in case you need a background: his rise on Bay St started as

Hedge funds

James S. A. MacDonald, Canadian hedge fund pioneer and the last boss Greg Boland had
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Today, I am launching what will be by far my most popular feature, Memba him (which I totally copied from TMZ).  So, Memba him? James S.A. MacDonald. I was reminded of James S.A. MacDonald, as I was listening to the Supreme Court of Canada live hearings yesterday to

Memba them?

Robert Krembil has made another killing
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Another case of the rich are getting richer.

Moguls