Insights from Tocqueville - Page 6 of 14

Volatility vs. Risk

by | Apr 28, 2020 | Insights

Time is the investor’s friend and the speculator’s foe. Why?  One reason is that many market participants tend to confuse risk and volatility. For long term investors (and really, there is no other kind) volatility represents not a true risk, as in complete loss of...
Public Service Warning: Don’t Time the Market

Public Service Warning: Don’t Time the Market

by | Mar 3, 2020 | Insights

The S&P 500 just hit a record! However, it’s not one to celebrate. The market had its fastest 10% correction ever! It took just six days to turn investor sentiment from being risk-on to risk-off. Since August of 2019, the market’s rise could either be viewed as...
The S&P “5”

The S&P “5”

by | Feb 4, 2020 | Insights

When investors speak of “the market” they are commonly referring to the S&P 500 Index. Originally the Index was created as a basket of 500 companies offering investors a way to gauge, in a diversified and broad manner, the strength of the U.S. economy....

Building Shareholder Value in the Gold Mining Sector

by | Jun 21, 2019 | Insights

The gold mining sector appears to have turned over a new leaf. It is reshaping itself to generate higher returns on capital in a neutral gold price environment. Over the past nine months we have seen some notable value creating activity in the gold mining sector. The...