The risks of following in celebrity investors’ footsteps

The risks of following in celebrity investors’ footsteps

Celebrity investors should be observed, not followed

In today’s celebrity-obsessed world, it’s natural for some investors to place a premium on celebrity-investor endorsements.

More and more investors seem to look on the involvement of celebrity investors like Warren Buffett or Bill Gates as something… Read More

Pat: Please could you comment on whether one should consider existing short positions when making an investment decision. For example, there are significant short positions in CGI and Bank of Nova Scotia, both of which are top buy recommendations of yours. Thank you.

High short positions are no longer a particularly telling stock market indicator, since traders and hedge funds often combine a short sale with some other transaction in stock options. Rather than having to buy the stock back in the market, for instance, holders of a.. Read More

Hi Pat: I’ve seen your comments on insider buying and selling. Do you ever look at the current short position or recent changes in the short position when looking at making buying or selling decisions? I noticed that Bombardier had the largest net increase in its short position recently. Thanks.

A high short position is no longer a particularly telling stock market indicator, since traders and hedge funds often combine a short sale with some other transaction in stock options.

For instance, rather than having to buy the stock back in the market, short sellers may… Read More