Almost daily we hear about how the S&P 500 and other major indices are breaking new highs. In the past 12 months alone, the TSX is up 23%, while the S&P 500 has risen 28%. For those investors who have…
Join Northwood Family Office's Tom McCullough at ACG Toronto's 19th Annual Capital Connection Conference on November 16th from 11:30 am - 12:20 pm EDT. Tom and other prominent leaders in the family office space will be panelists discussing direct investing in the family office…
What do the following three stories have in common? A video highlight of Lebron James dunking a basketball sold for $208,000 USD on NBA Top Shot (a new blockchain-based platform that allows fans to buy, sell and trade NBA-licensed GIFs…
The finance world has long assumed that markets are “efficient”. In other words, investors’ actions are perfectly rational and they act in their self interest in order to maximize their personal benefit. It also assumes that everyone has access to perfect information…
If I had told you in the Fall of 2016 – not even five years ago – that Elon Musk would be the richest man in the world, a global pandemic would virtually shut down the entire world, and a…
Note: In the Northwood Perspective newsletter, we usually target our writing to current and prospective family office clients (i.e. those with $10M+ of investable assets). However, we are also aware that many other people read our newsletter on a regular…
For investors seeking income, the investment landscape has become an increasingly complicated one over the past several years. Two prevailing themes have been ‘yield compression’ and recurring volatility explosions. Over the past decades, yields on traditional fixed income instruments have…
The things that matter most in personal finance are boring. Spend less than you earn. Invest in a diversified portfolio. Choose an investment strategy that you can stick with when markets get rough. Avoid risking what you have to reach…
Of the many surprises that 2020 has delivered to date, the one I find the most counter-intuitive and least explicable is the growing performance disparity between value stocks and growth stocks. Through the end of May, the S&P 500 Pure…
The storm that raged through the financial markets in the first quarter of 2020 has eased somewhat, allowing investors a chance to catch their breath and assess the impact. While the possibility of further market distress and upheaval in the…
