In my search for attractive long-term opportunities, I have always been fascinated by holding companies….businesses with the primary aim of investing in the stock of publicly traded enterprises but also in unlisted enterprises from time to time. Continue reading
Investors once again headed for the hills last week as each of the indices above ended sharply in the red, erasing the gains recorded the week ended August 28th. Looks like volatility will be the name of the game going forward.
The DOW, S&P 500, Canada’s S&P/TSX, and London’s FTSE 100 are firmly in the red while Germany’s DAX, France’s CAC 40 and Japan’s Nikkei 225 are hanging on to modest gains thus far.
Canadian Imperial Bank of Commerce – commonly known as CIBC – released its Q3 numbers on Thursday August 27th. Let take a look at how it did shall we?