Monthly Message
The Wutherich & Co. Composite was up 3.4% in June. This compares with the S&P/TSX being up 2.5%.
Already half a year gone! It seems like this every year where we emerge from the dark of winter, looking, achingly, to the longest days, and suddenly, they are upon us and quickly pass. Too quickly. The Wutherich & Co. Portfolio has more than emerged from the darkness of the winter of 2020, up about 210% from the lows of March 23 of that year. When will the longest days come and pass? We don’t know. While the portfolio is no longer outrageously cheap, it is not very expensive either. In fact, we find that there are several names which are still inexplicably, puzzlingly cheap. They don’t fit the flavour of the day, or of any day, really. So, of course, we own a ton of them. As we have done our entire career, when everyone is focused on just a few areas, it is best to look somewhere else. At one point, the market will realize that these are great companies and will bid them up appropriately.
In the meantime, Happy Canada Day everyone. As badly as Canada has managed some things in its past it is still one of the greatest country on Earth
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Monthly Message The Wutherich & Co. Composite was up 0.1% in May. This compares with the S&P/TSX being up 3.4%. The portfolio came off the boil a little in May. While most of our names reported exceptional numbers for their most recent quarters, a few sold off on this as their good numbers were mostly anticipated. […]
Monthly Message The Wutherich & Co. Composite was up 5.1% in April. This compares with the S&P/TSX being up 2.4%. Performance of the Wutherich & Co. Portfolio has been exceptional over the last year, helped along by strong markets. Given how high valuations are across the board, we are surprised that we can still find […]
Monthly Message The Wutherich & Co. Composite was up 2.0% in March. This compares with the S&P/TSX being up 3.9%. This month, we lapped the pandemic driven low of March 23, 2020. From that date, the Wutherich & Co. Portfolio is up approximately 185%. (Note that we miscalculated the number reported in the February Newsletter, […]
Monthly Message The Wutherich & Co. Composite was up 14.2% in February. This compares with the S&P/TSX being up 4.4%. February 2021 ranks as our third strongest month ever. This follows last April at 22.3% and last November at 18.2%. The portfolio was strong across the board with additional support coming from a takeover offer […]
Monthly Message The Wutherich & Co. Composite was up 3.5% in January. This compares with the S&P/TSX being down 0.3%. What a start to the new year! It seems like we have already had a year’s worth of volatility and news stories in just the first month. We should point out that the number for January […]
Dear clients and friends, We wish to say a heartfelt Thank You to all that attended last night’s Zoom meeting for the Wutherich & Co Annual Presentation. You made it a huge success with over 40 people logging in. We want to make a special thanks to all of the corporate executives on the call […]
Monthly Message The Wutherich & Co. Composite was up 5.0% in December. This compares with the S&P/TSX being up 1.7%. Happy New Year! Say what you will about 2020, it was certainly interesting. Commentators will come out with their “Best of the Worst Year”, “Worst of the Worst Year” and so on. We’ll skip all of […]
Invitation Dear clients and friends, Please find attached the invitation to our upcoming “Wutherich & Co.’s Annual Update” virtual event taking place Wednesday January 27, 2021. Chers clients et amis, Vous trouverez ci-joint l’invitation à notre prochain évènement virtuel “Mise à Jour Annuelle Wutherich & Co.” qui aura lieu le mercredi 27 janvier 2021. […]
Monthly Message The Wutherich & Co. Composite was up 18.2% in November. This compares with the S&P/TSX being up 10.6%. November marked the second-best month ever for the Wutherich & Co. Portfolio (we posted a 22.3% gain in April of 2020). While the Portfolio is starting to reflect its underlying value, we think there is more […]
Comments and InterviewsYou may also enjoy Wil Wutherich’s various comments and interviews on the financial markets or press release on Wutherich & Company in these articles :
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