RE: RE: Good time to buy - anyone?The new insider is no hack.....
https://www.morningstar.ca/globalhome/industry/managermonitor.asp?reportid=167
"The largest fund in Michael's stable isRRSP-eligible ABC Fundamental-Value, with $229.4 million in assets. AtJune, the fund's five-year annualized return was 11.2%, and the 10-yearaverage was 20.2%, both of which were in the top quartile of theCanadian equity category."
"Michael also looks for an event that will triggerinvestor interest in a stock. A catalyst might be a potential takeoverbid, fresh management with new ideas, or the sale or purchase of ameaningful asset. A group of disgruntled, yet proactive, shareholderswith the power to put pressure on management can also be a lure."
"Becoming an investor in ABC funds is not easy.First of all, investors must ante up at least $150,000. They are thenpersonally interviewed by Michael to assess their attitude and theweighting of ABC holdings in their overall portfolio. "People are fullof bravado at market tops, but they can lose their nerve," Michael says."We look for a level of commitment.""
Someone smarter than all of us sees some potential in BEV