The Failure of Consensus Investing

Workshop brought to you by AIM Trimark

“Be fearful when others are greedy and greedy when others are fearful.”
Warren Buffet

Great investors like Warren Buffet know one thing: consensus investing leads to poor investment returns.  Retail investors are constantly inundated by media reports touting the latest hot stock or hot sector boasting stellar short term performance and shunning out-of-favour companies whose short term returns are poor.

Today, most Canadians are falling all over each other to buy oil, basic materials and real estate.  Most Canadians have more capital allocated to oil, basic materials and real estate than in any other point in history.  Just like other manias such as large cap blue chips in 1970, oil in 1980, Japan in 1988 and technology in 1999, most Canadians are entirely confident the future is bright.  With a 25 year history of successful investing in global markets, AIM Trimark asks “what if you are wrong?”

This evening is for you if you have a significant portion of your money in Canadian equity mutual funds, balanced funds, stocks or are considering the purchase of a second or third home.  We will learn about investment discipline from AIM Trimark, one of Canada’s premier investment management firms and a leader when it comes to protecting investor’s wealth.  AIM Trimark will help put the media and hot investment themes in context, talk about their proven 25 year investment discipline and provide some guidance about the way forward for your portfolio.

Agenda

1. Consensus Investing 1970 – 2006:  The five year pattern of failure
2. The disconnect between media hype and investment returns
3. Why most Canadians face the same level of risk today as they did in 2000
4. The way forward: The Trimark Investment Discipline of business, management and price
5. Why asset allocation will work for you