The Wutherich & Co. Composite was up 2.5% in November. This compares with the S&P/TSX being up 5.5%.
To respect the choreography, November should have been two steps back. New dance? New dance partner? Hopefully one that doesn’t step on our toes quite so much. What steps do we need to learn to stay at the party? The truth is, we have stuck with the same dance for decades and don’t see ourselves changing this…ever. We like to think of it as a graceful waltz around the ballroom floor, though it may, from time to time, feel more like the Ballroom Blitz. All that to say, our investment approach has never changed, nor will it.
Most of our companies have reported their most recent quarters in the last weeks. The results have been, for the most part, very good. These strong fundamentals provide the foundation for strong long-term returns.
JF and I would also like to invite you to our Annual Update, taking place at Le Mount Stephen on January 18, “live” and “in person”. Please contact us a 514-924-4438 or email@example.com.
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