Posts | Canterbury Tollgate

Apr 2, 2020

Understanding this market

Over the past few days, I have thought a lot about how to frame the path forward. Imagine my surprise when Oaktree’s Howard Marks...

Mar 16, 2020

4th update: Things are not going back to normal (a final warning)

This is our fourth update on the current situation. By now you are all aware of the gravity of the Coronavirus situation. Life is going...

Mar 12, 2020

Current Conditions (3rd update)

B. Chase Chandler, FRM, CFP | March 11, 2020 We have been warning investors about rising risk since January. Most people have...

Mar 6, 2020

Is it time to hunker down?

Click icon 🔗 to open source link. As Coronavirus spreads throughout the states, we should be prepared for continued market swings and...

Feb 29, 2020

Current Conditions & Budding Opportunity

B, Chase Chandler, FRM, CFP Feb. 29, 2020 Download PDF Equity markets sold off at quite a pace this week. It was the worst one week...

Feb 27, 2020

Automatic Bid: Flows from Active to Passive

Research from Arizona State professor Hendrik Bessembinder looked at how equities performed versus treasuries from 1926 to 2016....

Feb 4, 2020

When things get wacky, take a step back

Tesla (TSLA) was up more than 20% at one point today (Feb. 5, 2020). The stock is up 57.9% in the past five days, 114% year-to-date, and...

Jan 29, 2020

2019 Investor Letter III (Year-End)

B. Chase Chandler, January 2020 Download PDF “If you take risks and face your fate with dignity, there is nothing you can do that makes...

Jan 22, 2020

What is Closet-Indexing?

Closet-indexing is a term used to describe a portfolio that appears to be (and is advertised as) actively managed and non-indexed. It...

Oct 14, 2019

Eliminating Inordinate Expectations

An expert from our 2019 Investor Letter II Click here to read the full letter. Global and domestic equity returns have left something to...