CIBC Wood Gundy
Don has an all star team, in economics and wealth management. He shared with us some very interesting authors he follows. Regarding the current bear market and bubble we're in, he noted that such an occurrence is indicative of a change of leadership: technology will no longer lead the market. Bear markets usually have a 5 year cycle, with the last being difficult. Then, there's a bull market with a lot of volatility.
Don came prepared, with a handful of documents distributed, including information from Edgepoint, a mutual fund that is not a "serial issuer". He put market declines into perspective, the good news being that markets go up over time; the key is diversification.
Historically, the average investor underperforming the market when investing by themselves.