“It’s the hard that makes it great” as Tom Hanks described the game of baseball in the 1992 film A League of Their Own. Given the incredible run and crushing end to the Toronto Blue Jays recent season we thought it is an appropriate quote to start the October 2015 Canso Corporate Bond Newsletter. Ask any player on the Toronto Blue Jays and they’d agree with Jimmy Dugan’s assessment. The financial markets can be equally hard and unyielding. Competition is tough, mistakes are magnified, and the obvious path is often only evident in hindsight. To add to the fun there are always many rear view critics waiting to tell you where you obviously went wrong. As our clients and readers know, that’s why we concentrate on our internal research and analysis and take the investment path not well trodden. It’s not the most popular or fashionable investment course to follow, but we find it the most profitable.
Read the full newsletter at the link below.Canso October 2015 Corporate Bond Newsletter