Tag Archives: Good to know

Confirmed: A Lot of Very Wealthy People Live in Toronto

Confirmed: A Lot of Very Wealthy People Live in Toronto

Huffington Post found an interesting report courtesy of real estate consultancy Knight Frank.  Apparently, Toronto now has more super-rich residents than any other city in North America behind only New York. (Super-rich is defined as people with a net worth of more than US$30 million a.k.a. ultra-high net worth individuals – UHNWIs.)

From the article:

The survey found there are 1,216 such super-rich people in Toronto, the second-highest number in North America, behind only New York, with 3,008 super-rich people. Los Angeles has 969 people with US$30 million or more, while Chicago has 827.

And with 534 UHNWIs, Montreal ranked 7th in … Continue reading

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The Best Investing Blogs for 2015

The Best Investing Blogs for 2015

Although this list was developed by The College Investor, there are some terrific blogs here for all age groups. 

The top three are:

 

 

 

 

 

 

Josh Brown, The Reformed Broker

From The College Investor:  Josh has a fun blog (and Twitter account), where he shares his market insights, and insights on pretty much everything that crosses his mind. That’s what makes following Josh Brown so interesting – the guy is a pro-investor, founded his own firm, and is on every major financial news network at least once a week. Yet he … Continue reading

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10 “Insane Things” Wall Streeters Believe

10 “Insane Things” Wall Streeters Believe

According to The Big Picture’s Barry Ritholtz, there are 10 insane things that people working on Wall Street accept as gospel.  As always, Mr. Ritholtz is short, sweet and to the point.  It’s a fun read for a Friday.

He says:  “To outsiders, Wall Street is a manic, dangerous and ridiculous republic unto itself – a sort of bizarro world where nothing adds up and common sense is virtually inapplicable.

Consider the following insane things that we believe on Wall Street, that make no sense whatsoever in the real world:

Falling gas and home heating prices are a … Continue reading

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Not Your Average Political Poll

Not Your Average Political Poll

With Canadians heading to the polls this year, StreetBeat will keep an eye out for interesting indicators that may give a hint as to what the results will be.  A case in point:  Abacus Data just released the results of a survey which sought to explore “what underlying perceptions Canadians have about the traits and talents of the three main party leaders”.

Between January 26 to January 28, 2015, Abacus asked 1,005 Canadians aged 18 and over to indicate which of the three leaders most closely matched to the descriptor.

Here are the highlights.

Stephen Harper was first … Continue reading

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Bloomberg Innovation Index

Bloomberg Innovation Index

Bloomberg has released a Global Innovation Index and, well, the news isn’t great for Canada. 

In developing the Index, Bloomberg compared 50 countries in the following areas:

Annual R&D spending Gross value added by manufacturing Number of high tech companies Education levels Professionals working in R&D per 1 million population Number of patents

While the overall results for Canada are mediocre, to put it mildly (12th place), were it not for our relatively high position in the “number of high tech companies” category (5th) place – it would have been much worse.

For example, we rank in 17th and 20th place … Continue reading

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