Chairman’s Insights

One Minute with the Chairman

When you need something important done right, you call in a professional. Your wealth and investment planning deserve the same high-level expertise. Thomas S. Caldwell’s expertise comes from 50 years of learning about successful investing by doing it right for his clients. Now, he’s sharing that expertise with you. Invest a minute with Tom.

 

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Thomas S. Caldwell

Founder and Chairman

We’re in a new world and new normal is going to be different. What should we look out for?

June 30, 2020
Thomas S. Caldwell, C.M.


People are focused on COVID-19 and forgetting about the big picture.

June 23, 2020
Thomas S. Caldwell, C.M.


1 Minute With Thomas S. Caldwell, C.M.

June 18, 2020
Thomas S. Caldwell, C.M.

For years you have talked about quelling your emotions, and now these words are truer than ever.

June 17, 2020
Thomas S. Caldwell, C.M.


Looking into the future, do you think we will have inflation or deflation?

June 11, 2020
Thomas S. Caldwell, C.M.


The markets seem to be unaffected with this pandemic. What do you expect going forward?

June 3, 2020
Thomas S. Caldwell, C.M.


The commentaries contained on this webpage are provided as a general source of information based on information available as of the dates of publication indicated. These recordings are for general information purposes only and are not investment advise nor do they constitute an offer, recommendation or solicitation to buy or sell to particular financial instrument. They do not have regard to the specific investment objectives, financial situation, risk profile or the particular needs of any specific person who may receive these commentaries. Investors are expected to speak with their Invested Advisor at Caldwell Securities Ltd. for any questions and before making any investment decisions.

Which economic theme has been coming through lately?

July 29, 2020
Thomas S. Caldwell, C.M.

“We do not exist in the abstract”. How has this quote affected the way that you do business?

July 22, 2020
Thomas S. Caldwell, C.M.

You believe the markets represent value at this moment. What do you see that others don’t?

July 15, 2020
Thomas S. Caldwell, C.M.


There has been a lot of discussion on “Group Think”, what are your thoughts about this?

July 8, 2020
Thomas S. Caldwell, C.M.


The commentaries contained on this webpage are provided as a general source of information based on information available as of the dates of publication indicated. These recordings are for general information purposes only and are not investment advise nor do they constitute an offer, recommendation or solicitation to buy or sell to particular financial instrument. They do not have regard to the specific investment objectives, financial situation, risk profile or the particular needs of any specific person who may receive these commentaries. Investors are expected to speak with their Invested Advisor at Caldwell Securities Ltd. for any questions and before making any investment decisions.

We are less than 70 days to the U.S. elections. What are your thoughts regarding how emotionally charged it is?

August 26, 2020
Thomas S. Caldwell, C.M.

The world is in crisis mode, with all of the governments pandemic spending. What does it mean for Canada to have their Finance Minister step down during these times?

August 18, 2020
Thomas S. Caldwell, C.M.

We’re in the middle of August. What is market sentiment?

August 18, 2020
Thomas S. Caldwell, C.M.

Let’s discuss the stock markets. Reality has just set in since it’s earning season.

August 12, 2020
Thomas S. Caldwell, C.M.

Interest rates are still low and have been for some time. Where do you see interest rates going?

August 5, 2020
Thomas S. Caldwell, C.M.

The commentaries contained on this webpage are provided as a general source of information based on information available as of the dates of publication indicated. These recordings are for general information purposes only and are not investment advise nor do they constitute an offer, recommendation or solicitation to buy or sell to particular financial instrument. They do not have regard to the specific investment objectives, financial situation, risk profile or the particular needs of any specific person who may receive these commentaries. Investors are expected to speak with their Invested Advisor at Caldwell Securities Ltd. for any questions and before making any investment decisions.

The best time to plant a tree was years ago. The second best time is now. How can you use that phrase to help investors during COVID?

September 21, 2020
Thomas S. Caldwell, C.M.

Every country has enormous amounts of debt. What does this mean for citizens and taxes?

September 16, 2020
Thomas S. Caldwell, C.M.

I’ve heard you say that the markets are a little bit tired. What does that mean?

September 9, 2020
Thomas S. Caldwell, C.M.

This is a fascinating time we are living in. If you had to give the stock markets a personality, what personality would it be?

September 2, 2020
Thomas S. Caldwell, C.M.

The commentaries contained on this webpage are provided as a general source of information based on information available as of the dates of publication indicated. These recordings are for general information purposes only and are not investment advise nor do they constitute an offer, recommendation or solicitation to buy or sell to particular financial instrument. They do not have regard to the specific investment objectives, financial situation, risk profile or the particular needs of any specific person who may receive these commentaries. Investors are expected to speak with their Invested Advisor at Caldwell Securities Ltd. for any questions and before making any investment decisions.

The commentaries contained on this webpage are provided as a general source of information based on information available as of the dates of publication indicated. These recordings are for general information purposes only and are not investment advise nor do they constitute an offer, recommendation or solicitation to buy or sell to particular financial instrument. They do not have regard to the specific investment objectives, financial situation, risk profile or the particular needs of any specific person who may receive these commentaries. Investors are expected to speak with their Invested Advisor at Caldwell Securities Ltd. for any questions and before making any investment decisions.

The commentaries contained on this webpage are provided as a general source of information based on information available as of the dates of publication indicated. These recordings are for general information purposes only and are not investment advise nor do they constitute an offer, recommendation or solicitation to buy or sell to particular financial instrument. They do not have regard to the specific investment objectives, financial situation, risk profile or the particular needs of any specific person who may receive these commentaries. Investors are expected to speak with their Invested Advisor at Caldwell Securities Ltd. for any questions and before making any investment decisions.

The commentaries contained on this webpage are provided as a general source of information based on information available as of the dates of publication indicated. These recordings are for general information purposes only and are not investment advise nor do they constitute an offer, recommendation or solicitation to buy or sell to particular financial instrument. They do not have regard to the specific investment objectives, financial situation, risk profile or the particular needs of any specific person who may receive these commentaries. Investors are expected to speak with their Invested Advisor at Caldwell Securities Ltd. for any questions and before making any investment decisions.

You passionately speak about the importance of spirit in our business. Would you elaborate?

January 28, 2020
Thomas S. Caldwell, C.M.


Last week we spoke about goals. This week, let’s talk about value propositions. What can you do to help someone else?

January 21, 2020
Thomas S. Caldwell, C.M.


We’re in the beginning of 2020. Everyone comes up with resolutions and goals. What’s the best way to keep them?

January 15, 2020
Thomas S. Caldwell, C.M.


Let’s discuss networking. What do you do when you meet someone at an event and they give you their business card?

January 08, 2020
Thomas S. Caldwell, C.M.


Even though we have discussed impeachment before, the story continues. Now that President Trump has been impeached, how will this impact markets and investors?

January 02, 2020
Thomas S. Caldwell, C.M.


The commentaries contained on this webpage are provided as a general source of information based on information available as of the dates of publication indicated. These recordings are for general information purposes only and are not investment advise nor do they constitute an offer, recommendation or solicitation to buy or sell to particular financial instrument. They do not have regard to the specific investment objectives, financial situation, risk profile or the particular needs of any specific person who may receive these commentaries. Investors are expected to speak with their Invested Advisor at Caldwell Securities Ltd. for any questions and before making any investment decisions.

I’ve heard you say “Don’t get focused on indices”. What is your thought process?

February 25, 2020
Thomas S. Caldwell, C.M.


You are passionate about sales and tell others to stretch their sales muscles. What do you mean by that?

February 19, 2020
Thomas S. Caldwell, C.M.


Part of sales is being relevant in people’s lives. What do you do to be helpful to others?

February 12, 2020
Thomas S. Caldwell, C.M.


You believe that we are over “news’d”, but that is actually good for investors. How so?

February 05, 2020
Thomas S. Caldwell, C.M.


The commentaries contained on this webpage are provided as a general source of information based on information available as of the dates of publication indicated. These recordings are for general information purposes only and are not investment advise nor do they constitute an offer, recommendation or solicitation to buy or sell to particular financial instrument. They do not have regard to the specific investment objectives, financial situation, risk profile or the particular needs of any specific person who may receive these commentaries. Investors are expected to speak with their Invested Advisor at Caldwell Securities Ltd. for any questions and before making any investment decisions.

You often say, “In volatile times when investors are emotional, the job of the media is to create bargains for us”. Please explain.

March 11, 2020
Thomas S. Caldwell, C.M.


Back in December 2018 you wrote a piece that was published in the Globe and Mail Opinion called “Making sense of the current market volatility”. Seems like nothing has changed regarding volatility over the past year.

March 04, 2020
Thomas S. Caldwell, C.M.


The commentaries contained on this webpage are provided as a general source of information based on information available as of the dates of publication indicated. These recordings are for general information purposes only and are not investment advise nor do they constitute an offer, recommendation or solicitation to buy or sell to particular financial instrument. They do not have regard to the specific investment objectives, financial situation, risk profile or the particular needs of any specific person who may receive these commentaries. Investors are expected to speak with their Invested Advisor at Caldwell Securities Ltd. for any questions and before making any investment decisions.

There is talk about slowly opening up our city, what are your thoughts on the post COVID-19 world?

April 29, 2020
Thomas S. Caldwell, C.M.


Where do you see value in the markets?

April 22, 2020
Thomas S. Caldwell, C.M.


There is a lot going on with social distancing and working from home. Where do we go from here?

April 15, 2020
Thomas S. Caldwell, C.M.


What are the two key market drivers?

April 01, 2020
Thomas S. Caldwell, C.M.


A transcript of this episode is available below, modified for a more enjoyable reading
experience. For more posts exploring the ideas we talk about in the episode, check out
our Related Reads links.

+ Transcript

The commentaries contained on this webpage are provided as a general source of information based on information available as of the dates of publication indicated. These recordings are for general information purposes only and are not investment advise nor do they constitute an offer, recommendation or solicitation to buy or sell to particular financial instrument. They do not have regard to the specific investment objectives, financial situation, risk profile or the particular needs of any specific person who may receive these commentaries. Investors are expected to speak with their Invested Advisor at Caldwell Securities Ltd. for any questions and before making any investment decisions.

What do you think a post COVID-19 world will look like for investors?

May 27, 2020
Thomas S. Caldwell, C.M.


What do you think is important for investors at the present time?

May 20, 2020
Thomas S. Caldwell, C.M.


How do we make money in volatile markets?

May 13, 2020
Thomas S. Caldwell, C.M.


Many investors don’t understand the products. What would you say to them?

May 6, 2020
Thomas S. Caldwell, C.M.


The commentaries contained on this webpage are provided as a general source of information based on information available as of the dates of publication indicated. These recordings are for general information purposes only and are not investment advise nor do they constitute an offer, recommendation or solicitation to buy or sell to particular financial instrument. They do not have regard to the specific investment objectives, financial situation, risk profile or the particular needs of any specific person who may receive these commentaries. Investors are expected to speak with their Invested Advisor at Caldwell Securities Ltd. for any questions and before making any investment decisions.

Where do you think the stock market is going from here?

January 29, 2019
Thomas S. Caldwell, C.M.


The commentaries contained on this webpage are provided as a general source of information based on information available as of the dates of publication indicated. These recordings are for general information purposes only and are not investment advise nor do they constitute an offer, recommendation or solicitation to buy or sell to particular financial instrument. They do not have regard to the specific investment objectives, financial situation, risk profile or the particular needs of any specific person who may receive these commentaries. Investors are expected to speak with their Invested Advisor at Caldwell Securities Ltd. for any questions and before making any investment decisions.

What is the key component to investment success? Information?

February 26, 2019
Thomas S. Caldwell, C.M.


Choose one word of wisdom to help entrepreneurs.

February 19, 2019
Thomas S. Caldwell, C.M.


What kept you up at night when you started your firm?

February 12, 2019
Thomas S. Caldwell, C.M.


How do people quell their emotions with stock markets bouncing around so much and so quickly?

February 05, 2019
Thomas S. Caldwell, C.M.


The commentaries contained on this webpage are provided as a general source of information based on information available as of the dates of publication indicated. These recordings are for general information purposes only and are not investment advise nor do they constitute an offer, recommendation or solicitation to buy or sell to particular financial instrument. They do not have regard to the specific investment objectives, financial situation, risk profile or the particular needs of any specific person who may receive these commentaries. Investors are expected to speak with their Invested Advisor at Caldwell Securities Ltd. for any questions and before making any investment decisions.

With so many news headlines on a daily basis, how do you make investment decisions?

March 26, 2019
Thomas S. Caldwell, C.M.


Let's discuss the value of advice. Is investment advice a commodity?

March 19, 2019
Thomas S. Caldwell, C.M.


Do you make your investment decisions based upon the politics of the day?

March 12, 2019
Thomas S. Caldwell, C.M.


You mentioned in your Volatility write up that 10% of investors are actually looking at corporate fundamentals. What is your investment discipline?

March 05, 2019
Thomas S. Caldwell, C.M.


The commentaries contained on this webpage are provided as a general source of information based on information available as of the dates of publication indicated. These recordings are for general information purposes only and are not investment advise nor do they constitute an offer, recommendation or solicitation to buy or sell to particular financial instrument. They do not have regard to the specific investment objectives, financial situation, risk profile or the particular needs of any specific person who may receive these commentaries. Investors are expected to speak with their Invested Advisor at Caldwell Securities Ltd. for any questions and before making any investment decisions.

The financial crisis happened over 10 years ago. Are there lessons that we have learned from that experience?

April 23, 2019
Thomas S. Caldwell, C.M.


You like the “wobble” factor in the markets. What does that mean?

April 17, 2019
Thomas S. Caldwell, C.M.


What frustrates you most about markets?

April 09, 2019
Thomas S. Caldwell, C.M.


You have been in the industry for over 50 years, what still excites you the most about the industry and hasn't changed since you began?

April 02, 2019
Thomas S. Caldwell, C.M.


The commentaries contained on this webpage are provided as a general source of information based on information available as of the dates of publication indicated. These recordings are for general information purposes only and are not investment advise nor do they constitute an offer, recommendation or solicitation to buy or sell to particular financial instrument. They do not have regard to the specific investment objectives, financial situation, risk profile or the particular needs of any specific person who may receive these commentaries. Investors are expected to speak with their Invested Advisor at Caldwell Securities Ltd. for any questions and before making any investment decisions.

What are the top 3 things that influence markets and cause them to change?

May 28, 2019
Thomas S. Caldwell, C.M.


In your Success Dictionary, under the word "invest", you say “invest in yourself, your business and your career.” This is important and applies to everyone. Can you please elaborate?

May 22, 2019
Thomas S. Caldwell, C.M.


Let’s talk about risk. People take on risk in their portfolios, their daily lives and their future. Why is risk important?

May 15, 2019
Thomas S. Caldwell, C.M.


What are the benefits of investing with an Investment Advisor, rather than through an app?

May 07, 2019
Thomas S. Caldwell, C.M.


When you are at an event, what is the reoccurring question you’re asked regarding investing?

May 02, 2019
Thomas S. Caldwell, C.M.


The commentaries contained on this webpage are provided as a general source of information based on information available as of the dates of publication indicated. These recordings are for general information purposes only and are not investment advise nor do they constitute an offer, recommendation or solicitation to buy or sell to particular financial instrument. They do not have regard to the specific investment objectives, financial situation, risk profile or the particular needs of any specific person who may receive these commentaries. Investors are expected to speak with their Invested Advisor at Caldwell Securities Ltd. for any questions and before making any investment decisions.

You often quote Vince Lombardi from his movie the Second Effort. What did you learn when you just re-watched it with our interns?

June 20, 2019
Thomas S. Caldwell, C.M.


What do you say to investors when they ask why their portfolio is not mirroring the markets?

June 12, 2019
Thomas S. Caldwell, C.M.


You always talk about Lombardi time. What exactly is it?

June 05, 2019
Thomas S. Caldwell, C.M.


The commentaries contained on this webpage are provided as a general source of information based on information available as of the dates of publication indicated. These recordings are for general information purposes only and are not investment advise nor do they constitute an offer, recommendation or solicitation to buy or sell to particular financial instrument. They do not have regard to the specific investment objectives, financial situation, risk profile or the particular needs of any specific person who may receive these commentaries. Investors are expected to speak with their Invested Advisor at Caldwell Securities Ltd. for any questions and before making any investment decisions.

When investing in a private company, what do you look and hope for?

July 24, 2019
Thomas S. Caldwell, C.M.


Every year you make a point of scheduling an hour a week with our interns. It’s important to nurture the next generation, but you get a lot out of it? What does it do for you?

July 17, 2019
Thomas S. Caldwell, C.M.


There has been talk that these markets are reminiscent of 1987? What do you think?

July 10, 2019
Thomas S. Caldwell, C.M.


What do you think is the biggest misconception about the financial industry?

July 02, 2019
Thomas S. Caldwell, C.M.


The commentaries contained on this webpage are provided as a general source of information based on information available as of the dates of publication indicated. These recordings are for general information purposes only and are not investment advise nor do they constitute an offer, recommendation or solicitation to buy or sell to particular financial instrument. They do not have regard to the specific investment objectives, financial situation, risk profile or the particular needs of any specific person who may receive these commentaries. Investors are expected to speak with their Invested Advisor at Caldwell Securities Ltd. for any questions and before making any investment decisions.

We’re more than half way through 2019, where do you see the bargains?

August 28, 2019
Thomas S. Caldwell, C.M.


Why do you see more companies go from a publicly traded company to a private one?

August 21, 2019
Thomas S. Caldwell, C.M.


You are known as a value investor, meaning you are always looking for bargains. How do you find bargains?

August 14, 2019
Thomas S. Caldwell, C.M.


We seem to have a lot of volatility this August 2019. What’s all of this turmoil pointing to in the future?

August 08, 2019
Thomas S. Caldwell, C.M.


The commentaries contained on this webpage are provided as a general source of information based on information available as of the dates of publication indicated. These recordings are for general information purposes only and are not investment advise nor do they constitute an offer, recommendation or solicitation to buy or sell to particular financial instrument. They do not have regard to the specific investment objectives, financial situation, risk profile or the particular needs of any specific person who may receive these commentaries. Investors are expected to speak with their Invested Advisor at Caldwell Securities Ltd. for any questions and before making any investment decisions.

Let’s talk about inertia and success from a business point of view.

September 26, 2019
Thomas S. Caldwell, C.M.


Impeachment seems to be the “hot” word right now. What does this mean for markets?

September 25, 2019
Thomas S. Caldwell, C.M.


There seems to be a lot of noise and negativity floating around in the news. What’s really happening here? What’s the big picture?

September 18, 2019
Thomas S. Caldwell, C.M.


You just wrote a piece titled “Where are the bargains?” Please tell us about it.

September 10, 2019
Thomas S. Caldwell, C.M.


You believe the market now, in September 2019, has an “upward bias”. Why?

September 05, 2019
Thomas S. Caldwell, C.M.


The commentaries contained on this webpage are provided as a general source of information based on information available as of the dates of publication indicated. These recordings are for general information purposes only and are not investment advise nor do they constitute an offer, recommendation or solicitation to buy or sell to particular financial instrument. They do not have regard to the specific investment objectives, financial situation, risk profile or the particular needs of any specific person who may receive these commentaries. Investors are expected to speak with their Invested Advisor at Caldwell Securities Ltd. for any questions and before making any investment decisions.

You have a theory about the underlying long-term force of supply and demand. What is it?

October 30, 2019
Thomas S. Caldwell, C.M.


Let’s talk about last night’s Canadian election - about nothing.

October 23, 2019
Thomas S. Caldwell, C.M. 


You were just quoted in the Globe and Mail, ROB section, regarding the “IPO market dries up as young companies look to private capital”. What is happening in the capital markets now?

October 16, 2019
Thomas S. Caldwell, C.M.


Every conversation you hear these days is about impeachment. Let’s talk about impeachment.

October 08, 2019
Thomas S. Caldwell, C.M.


The commentaries contained on this webpage are provided as a general source of information based on information available as of the dates of publication indicated. These recordings are for general information purposes only and are not investment advise nor do they constitute an offer, recommendation or solicitation to buy or sell to particular financial instrument. They do not have regard to the specific investment objectives, financial situation, risk profile or the particular needs of any specific person who may receive these commentaries. Investors are expected to speak with their Invested Advisor at Caldwell Securities Ltd. for any questions and before making any investment decisions.

Let talk about investing. People’s needs are broader and deeper than just discount trading and fees. What are your clients’ needs vs talking about fees?

November 26, 2019
Thomas S. Caldwell, C.M.


You have been discussing teams lately. What is the importance of a team?

November 20, 2019
Thomas S. Caldwell, C.M.


You use the phrase “the big con”, what do you mean by that?

November 13, 2019
Thomas S. Caldwell, C.M.


Would you please explain the relationship between low interest rates and stock prices?

November 05, 2019
Thomas S. Caldwell, C.M.


The commentaries contained on this webpage are provided as a general source of information based on information available as of the dates of publication indicated. These recordings are for general information purposes only and are not investment advise nor do they constitute an offer, recommendation or solicitation to buy or sell to particular financial instrument. They do not have regard to the specific investment objectives, financial situation, risk profile or the particular needs of any specific person who may receive these commentaries. Investors are expected to speak with their Invested Advisor at Caldwell Securities Ltd. for any questions and before making any investment decisions.

In the olden days, when a stock reached $100+ the company would split the stock. These days, stocks are soaring past $300. Why are we no longer seeing stock splits?

December 18, 2019
Thomas S. Caldwell, C.M.


Please tell us about the correlation between low interest rates and their fuel for higher stock prices.

December 11, 2019
Thomas S. Caldwell, C.M.


You talk about “Sales Muscles”, if you don’t use them, you lose them. Tell us about it.

December 04, 2019
Thomas S. Caldwell, C.M.


The commentaries contained on this webpage are provided as a general source of information based on information available as of the dates of publication indicated. These recordings are for general information purposes only and are not investment advise nor do they constitute an offer, recommendation or solicitation to buy or sell to particular financial instrument. They do not have regard to the specific investment objectives, financial situation, risk profile or the particular needs of any specific person who may receive these commentaries. Investors are expected to speak with their Invested Advisor at Caldwell Securities Ltd. for any questions and before making any investment decisions.