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0 0.000461254612546198 -0.000461254612546034 -0.000922509225092231 -0.0101476014760147 -0.018450184501845 -0.0299815498154981 -0.041051660516605
Stock impact report

Why this value manager likes Knight Therapeutics but is changing the channel on Warner Bros. Discovery [Globe and Mail, The (Toronto, Canada)]

Warner Bros. Discovery, Inc. - Series A (WBD) 
Tim McElvaine, founder, president and portfolio manager at McElvaine Investment Management Ltd. in Victoria. The Globe and Mail Call him old school, but money manager Tim McElvaine prefers to pick stocks based on price, staying power and the people behind the companies rather than computer models. “I’m not a fan of Excel spreadsheet-style investing. I think those models are inherently fragile,” says the founder, president and portfolio manager at McElvaine Investment Management Ltd. in Victoria, who oversees about $50-million in assets. “I’d much rather invest with people who have skin in the game. That’s a big deal in my mind. I’d rather outsource my worries to them. Let them try and figure out how they will navigate Trump.” McElvaine Value Fund, which he founded in 1996 after working with the late value investor Peter Cundill, includes a mix of 12 to 20 small- and large-cap companies. Its current holdings include 63 per cent Canadian companies, 10 per cent U.S. and 7 per cent o Show less Read more
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