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On February 26th, the MQUP will release There's Always Something to Do: The Peter Cundill Investment Approach by Christopher Risso-Gill.
Peter Cundill, a philanthropist and investor whose work has been praised by the likes of Warren Buffett, found his life changed forever when he discovered the value investment principles of Benjamin Graham and began to put them into action. There's Always Something to Do tells the story of Cundill's voyage of discovery, with all its ups and downs, as he developed his immensely successful investment strategies.
Peter Cundill is featured today in the Globe and Mail in his final interview.
What keeps you awake at night?
I have to confess that I sleep like a baby. I now let my managers suffer the sleepless nights, although I trust not too many of them, since they will have paid attention to the Benjamin Graham principle of the margin of safety in all their investments.Any advice for regular investors?
Pick some first-rate money managers with whom you feel comfortable because you have done your homework on them. Then stick with them. The mantra is patience, patience and more patience. Think long-term and remember that the big rewards accrue with compound annual rates of return.
Read the full Globe and Mail article.
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