Canadian Store (CAD)
You are currently shopping in our Canadian store. For orders outside of Canada, please switch to our international store. International and US orders are billed in US dollars.
by Christopher Risso-Gill
The story of the origins and development of Peter Cundill’s pioneering investment journey
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.
In the context of recent financial upheavals and ongoing uncertainty, Peter Cundill’s wise and frequently funny reflections are more important than ever. In a seamlessly assembled narrative drawn from interviews, speeches, and exclusive access to the daily journal Cundill kept for forty-five years, Christopher Risso-Gill outlines Cundill’s investment approach and provides accounts of his investments and the analytical process that led to their selection.
A book for everyday investors as much as professional investors and investment gurus, There’s Always Something to Do offers a compelling perspective on global financial markets and on how we can avoid their worst pitfalls and grow our hard-earned capital.
Publication date: February 28th, 2011.
Click here for the book’s order page
Click the links below, or scroll down, to view additional information |
Christopher Risso-Gill lives and works in London and for ten years was a director of the Cundill Value Fund.
Download a high resolution image of the cover
Download pictures from inside the book
Quotes from There’s Always Something to Do
“This trip [which had included Hong Kong and Thailand] has given me a whole new set of perspectives. I now see Canada as really tiny, although affluent. If these mainland Asian countries, and especially China, were ever to get their act together economically like Japan they could rival the whole of North America and the rest of the developed world without even blinking.”
“I believe that there is probably one opportunity in every man’s life which demands his knowledge, his guts, his self-esteem, and his judgement. If he seizes it with both hands and it is successful, he joins the first rank, if not he remains a mortal with feet of clay. Credit Foncier may well be my test.”
“Management’s ability to predict earnings is universally poor.”
“The most important attribute for success in value investing is patience, patience, and more patience. The majority of investors do not possess this characteristic.”
“I don’t much believe in institutions and I certainly don’t believe in mere formulae. The authority of both can be pernicious and destructive. It is worth remembering that many of the world’s most renowned organizations are fundamentally flawed as well as irrational – The Jesuits, the Mafia, and IBM.”
“My overall impression is that over the next 20 years the Japanese will be the world’s dominant economic force. Alliances will form around them and conversely against them. I have always assumed that the Anglo-Saxon races were the most civilized, best organized, and brightest as well as being fine warriors. We are not; by comparison with the Japanese we are impolite, undisciplined, and uncivilized. Against this, North America’s strengths are its natural resources, its flexibility, and its individual creative capacity.”
“I worked as an office boy for Wood Gundy in the summer of 1959 while at McGill. My first purchase was in a speculative mining stock and, within 48 hours, I had lost my complete investment of $500.”
“All we try to do is buy a dollar for 40 cents.”
Peter Cundill’s final interview – The Globe and Mail (2011)
Buffett likes the cut of Cundill’s jib – Financial Post (2007)
Peter Cundill: Manager Monitor – Morningstar (2005)
Japan: A Rising Sun for Investors – Business Week (2004)
Japan is Still Cheap – CNNMoney.com (2004)
Land of the Rising Stocks? – Time (2003)
Preaching the virtues of value: Consistency makes Peter Cundill IE Fund Manager of the Year – Investment Executive (2001)
For review copy requests or questions:
Jacqueline Davis
Publicist
McGill-Queen’s University Press
1010 Sherbrooke, Suite 1720
Montreal, QC H3A 2R7
Tel: (514) 398-2555
Fax: (514) 398-4333
jacqueline.davis@mcgill.ca
No comments yet.