Most Recent Stingy News
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| Things I'm pretty sure about |
| 01/19/26 4:24 PM EST | Behaviour |
| "Most harm done to others is unintentional. I think the vast majority of people are good and well-meaning, but in a competitive and stressful world it's easy to ignore how your actions affect others." |
| More Behaviour: The tyranny of the complainers |
| It really is a bad idea |
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| Stocks, bubbles, and market myths |
| 01/19/26 3:56 PM EST | Markets |
| "Bubbles are typically driven by excessive leveraging, but current debt growth remains a fraction of what was seen in the 1995â€"2000 era. Debt was essentially flat for five years, with only a 9% increase in 2025." |
| More Markets: Gold isn't special |
| Fourth quarter effect in small caps |
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| Gold isn't special |
| 01/19/26 3:49 PM EST | Markets |
| "A final reason that gold has been rising is because it's been rising. There is a momentum factor, in other words. As investors watched gold climb the leaderboard last year, those gains attracted other investors, which created further upward pressure on prices." |
| More Markets: Fourth quarter effect in small caps |
| The market isn't 'giving Enron vibes' |
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| Doody calls central banking |
| 01/19/26 3:44 PM EST | Government |
| "We won't remember Powell as an effective protector of our purchasing power. Instead, we'll remember him as the chairman who kept the Everything Bubble inflated - aggressively expanding the Fed's balance sheet, driving record-high asset prices, fueling wealth inequality, creating an affordability crisis, and leaving a government increasingly dependent on the Fed to finance its debt. By constantly pivoting and cleaning up, we believe Powell has left his successor with a monumental mess." |
| More Government: Goodbye, reliable economic data |
| Writing through policy depression |
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| The tyranny of the complainers |
| 01/19/26 3:41 PM EST | Behaviour |
| "it's clear that a single individual often accounts for 10-30% of all complaints! These complaints have to be investigated so this single individual may be costing taxpayers millions. It's as if a single individual were pulling a fire alarm thousands of times a year, mobilizing emergency services on demand, and never facing repercussions. Does this strategy work? Probably." |
| More Behaviour: It really is a bad idea |
| Retired investors are traders |
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| It really is a bad idea |
| 01/19/26 3:39 PM EST | Behaviour |
| "There are all kinds of rules against dating at the workplace, and in general, it is good advice not to date at the workplace because these relationships rarely end well and can cause all kinds of harm to the people caught in them. Luckily, I tend to wave at good advice while I let it pass me because if I had heeded it, I wouldn't be married to the fantastic lady that I have been with for the last two decades." |
| More Behaviour: Retired investors are traders |
| Dumb money triumphant |
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| Asset Mixer Update |
| 01/19/26 2:33 PM EST | Stingy Investing |
| We've updated our Asset Mixer to include real return data for 2025. |
| More Stingy Investing: Periodic Table Update |
| Asset Mixer Update |
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| Periodic Table Update |
| 01/19/26 2:32 PM EST | Stingy Investing |
| We've updated our periodic table of annual returns for Canadians to include real return data for 2025. |
| More Stingy Investing: Asset Mixer Update |
| Periodic Table Update |
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| The rise of ETF slop |
| 01/11/26 12:48 PM EST | Funds |
| "Many of the ETFs being launched today have been engineered to attract assets rather than improve outcomes for investors. I think what we are seeing is best described as ETF slop." [video] |
| More Funds: Not wrong on covered calls |
| Covered calls and cash flow |
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| Fourth quarter effect in small caps |
| 01/11/26 11:43 PM EST | Markets |
| "The authors document that analyst earnings estimates do not adjust for this fourth-quarter effect, indicating that they are not aware that it exists. As a result, an unusually high share of companies misses analyst expectations in the fourth quarter compared to other quarters. Luckily, though, these missed expectations don't seem to matter as much as they did during other quarters." |
| More Markets: The market isn't 'giving Enron vibes' |
| So you think there's a bubble |
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| Advancements in self-driving cars |
| 01/11/26 11:09 AM EST | Tech |
| "Even if the rest of AI doesn't prove that disruptive soon, self-driving will change quite a lot wherever it is allowed to proceed. I too am unreasonably excited." |
| More Tech: AI addendum |
| Good nuke news |
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| Last advice from Jonathan Clements |
| 01/10/26 7:24 PM EST | Retirement |
| "Parting advice from cherished personal finance columnist Jonathan Clements. The final actions he took battling terminal cancer." [video] |
| More Retirement: 5% rule is the new 4% rule |
| Wisdom from Jonathan Clements |
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| Asset Mixer Update |
| 01/10/26 7:22 PM EST | Stingy Investing |
| We've updated our Asset Mixer to include nominal return data for 2025. |
| More Stingy Investing: Periodic Table Update |
| The Globe 250 for 2025 |
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| Periodic Table Update |
| 01/10/26 7:21 PM EST | Stingy Investing |
| We've updated our periodic table of annual returns for Canadians to include nominal return data for 2025. |
| More Stingy Investing: The Globe 250 for 2025 |
| The Megastars for 2025 |
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| The Globe 250 for 2025 |
| 01/01/26 12:54 PM EST | Stingy Investing |
| "The Megastar portfolio jumped 39.4 per cent from Dec. 11, 2024, to Dec. 10, 2025, and beat the Canadian stock market (as represented by the S&P/TSX Composite Index), which climbed 26.1 per cent over the same period. The jolly returns added to those from prior years, with the Megastar portfolio climbing at an average annual rate of 33.3 per cent from Dec. 1, 2022, to Dec. 10, 2025, while the market advanced at an annual rate of 18.9 per cent over the same period." |
| More Stingy Investing: The Megastars for 2025 |
| The Globe's guide to the top 250 stocks |
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| The Megastars for 2025 |
| 01/01/26 12:52 PM EST | Stingy Investing |
| "Our new Megastar ranking of Canada's largest publicly traded companies evaluates each major stock on the Toronto Stock Exchange and awards two star ratings - one for the stock's appeal to value investors and the other for its allure to momentum investors. We then focused on the 20 stocks with the best blend of value and momentum characteristics, which form our Megastar team." |
| More Stingy Investing: The Globe's guide to the top 250 stocks |
| The Megastars of 2025 |
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| The Globe's guide to the top 250 stocks |
| 12/19/25 11:27 AM EST | Stingy Investing |
| "The Megastar portfolio jumped 39.4 per cent from Dec. 11, 2024, to Dec. 10, 2025, and beat the Canadian stock market (as represented by the S&P/TSX Composite Index), which climbed 26.1 per cent over the same period. The jolly returns added to those from prior years, with the Megastar portfolio climbing at an average annual rate of 33.3 per cent from Dec. 1, 2022, to Dec. 10, 2025, while the market advanced at an annual rate of 18.9 per cent over the same period." [$] |
| More Stingy Investing: The Megastars of 2025 |
| The Globe's Dividend All-Stars 2025 |
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| The Megastars of 2025 |
| 12/19/25 11:22 AM EST | Stingy Investing |
| "Our new Megastar ranking of Canada's largest publicly traded companies evaluates each major stock on the Toronto Stock Exchange and awards two star ratings - one for the stock's appeal to value investors and the other for its allure to momentum investors. We then focused on the 20 stocks with the best blend of value and momentum characteristics, which form our Megastar team." [$] |
| More Stingy Investing: The Globe's Dividend All-Stars 2025 |
| The TSX's gains over almost 69 years |
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| The market isn't 'giving Enron vibes' |
| 12/17/25 6:24 PM EST | Markets |
| "Today's large firms bear little resemblance to Enron or any of the other financial monstrosities of the tech-stock bubble. Enron sold equity to gullible investors, issuing more and more shares prior to its collapse. Enron was not alone; during the tech-stock bubble, corporations collectively issued massive amounts of new shares. In contrast, today, U.S. corporations are collectively repurchasing equity. The stock market of 2025 does not look like the stock market of 2000." |
| More Markets: So you think there's a bubble |
| Milkmaids and philosophers |
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| So you think there's a bubble |
| 12/17/25 6:24 PM EST | Markets |
| "What should you do if you think that the U.S. stock market is in a bubble?" |
| More Markets: Milkmaids and philosophers |
| We're not in an AI bubble |
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| Milkmaids and philosophers |
| 12/17/25 6:24 PM EST | Markets |
| "According to legend, in 1929 Joseph P. Kennedy realized that it was time to sell when he received a stock tip from a shoeshine boy. Okay, when shoeshine boys are playing the market, you sell. But what if you can't find a shoeshine boy? Who else might serve as a useful contrarian indicator?" |
| More Markets: We're not in an AI bubble |
| How the AI bubble pops |
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