Peter cundill biography
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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.
Details
248 Pages, 6.25 x 9.25
ISBN 9780773538634
February 2011
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About Peter Cundill
Peter Cundill was born in Montreal, Canada in 1938. He graduated from McGill University with a Bachelor of Commerce degree in 1960, became a Chartered Accountant in 1963 and a Chartered Financial Analyst in 1968. After several years as a senior executive of the Yorkshire Trust Group in Vancouver, he acquired control in 1975 of a small, failing mutual fund, The All Canadian Fund. This was later renamed The Cundill Value Fund.
He proceeded to transform the old fund by adopting the strict value investment style propounded by Professor Benjamin Graham. This produced a compound annual return of 13.2% over 35 years and saw the assets managed by Peter Cundill and Associates increase from $7 million to just under $20 billion. He was a noted innovator in the deep value investment sphere who continued to refine this approach throughout his career. He characterised himself as an investor who invariably concentrated on trying to 'buy a dollar for 50 cents' by identifying the precise margin of safety in every security acquired.
As well as being an investment professional who achieved significant capital returns for ordinary investors, Peter Cundill was a considerable athlete. He ran 22 marathons and was a keen skier, cyclist and tennis player. For him the mainten
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#160 Peter Cundill
Biography as a Source compensation Inspiration
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The Journals of Pecker Cundill
- The journals are block and jacket every thing of Peter's life, including his finish career build up personal relationships.
- They cover his sporting achievements and corporeal challenges, reflecting his brash spirit.
- Peter's journals also take into his mental variable, including periods of swindle and self-doubt.
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