Model trains
The Unsexy, boring, yet highly effective business model of the rail industry
The Art of Boring™ was created for curious and passionate investors. We share strategies, frameworks, and insights to help readers and listeners make better investment decisions. Our aim? To provide some bottom-up, long-term investing signal to cut through the short-term noise.
The Unsexy, boring, yet highly effective business model of the rail industry
Science and engineering meet art on display.
This is the first post in our Postcard from Singapore series with Mawer Chief Investment Officer, Paul Moroz, about his initial impressions and thoughts on relocating from Calgary to Singapore.
In life, there is much to be gained by remembering we will die.
It’s easy to look back on historical events and claim that we would’ve known better or done things differently. But more often than not, we’re just kidding ourselves.
Drawing the negative space is also a useful mental model in investing. In this case, the mental model is used as a way of approaching a problem from a new angle.
For a price. Collaborative Consumption (CC), the umbrella concept behind what has come to be known as the sharing economy or access economy, describes the shift in consumer values from ownership to access.
Our Deputy CIO is calling me from Indonesia, where he is looking for new investment ideas, in order to talk about his most memorable investment mistake: Krispy Kreme.
In 2004, the troubled All Blacks adopted a new team philosophy—one that would eventually contribute to their 2011 and 2015 Rugby World Cup championships.
Bonds are boring. They’re supposed to be.
How we interpret the studies and statistics we encounter in the world matters.
Evolution usually progresses gradually over many years, but sometimes it makes a giant leap.
The Unsexy, boring, yet highly effective business model of the rail industry
Science and engineering meet art on display.
This is the first post in our Postcard from Singapore series with Mawer Chief Investment Officer, Paul Moroz, about his initial impressions and thoughts on relocating from Calgary to Singapore.
In life, there is much to be gained by remembering we will die.
It’s easy to look back on historical events and claim that we would’ve known better or done things differently. But more often than not, we’re just kidding ourselves.
Drawing the negative space is also a useful mental model in investing. In this case, the mental model is used as a way of approaching a problem from a new angle.
For a price. Collaborative Consumption (CC), the umbrella concept behind what has come to be known as the sharing economy or access economy, describes the shift in consumer values from ownership to access.
Our Deputy CIO is calling me from Indonesia, where he is looking for new investment ideas, in order to talk about his most memorable investment mistake: Krispy Kreme.
In 2004, the troubled All Blacks adopted a new team philosophy—one that would eventually contribute to their 2011 and 2015 Rugby World Cup championships.
Bonds are boring. They’re supposed to be.
How we interpret the studies and statistics we encounter in the world matters.
Evolution usually progresses gradually over many years, but sometimes it makes a giant leap.
A deep dive—right to the atomic level—of how semiconductors work and the potential implications for the industry when Moore’s Law comes to an end.
The deglobalization shift, long-term opportunities we’re seeing in utilities, and what’s interesting about gravel.
The “Swiss cheese” mental model for risk management, why we initiated in Moderna, and how to test if you have a variant perception from the broader market.
Market swings, central bank moves, and rising interest rates. A look at Q3.
What makes the U.S. mid cap investable universe unique, some key learnings since the strategy’s launch, and how inflation can be a “positive” for wealth-creating companies.
Why small caps may zig while large caps zag, the advantage of businesses that sell scarce skills (CBIZ, Insperity, RS Group), and why eyewear retail is harder than it…looks.
The impacts of inflation, interest rates, and sharp currency movements on the portfolio, and the importance of leaning in to process and keeping a long-term perspective.
The team debates the thesis that renewables are becoming “cheaper” than traditional energy sources, unpacks why the ultimate cost to the end consumer shouldn’t be missing from the conversation, and delves into the investment implications.
Inflation, interest rates, the valuation correction, bias creep, and “sticking to our knitting.” A full dive into Q2.
CIO Paul Moroz unpacks the foundational components to better decision making for investing, business, and life.
Lead Portfolio Manager, Crista Caughlin, on what’s happening in bond markets, a look at inflation and interest rates, and the key scenarios we’re monitoring.
Opportunities and risks we’re seeing in energy, rail, and financials; why we exited Shopify; and a few team learnings.
A deep dive—right to the atomic level—of how semiconductors work and the potential implications for the industry when Moore’s Law comes to an end.
The deglobalization shift, long-term opportunities we’re seeing in utilities, and what’s interesting about gravel.
The “Swiss cheese” mental model for risk management, why we initiated in Moderna, and how to test if you have a variant perception from the broader market.
Market swings, central bank moves, and rising interest rates. A look at Q3.
What makes the U.S. mid cap investable universe unique, some key learnings since the strategy’s launch, and how inflation can be a “positive” for wealth-creating companies.
Why small caps may zig while large caps zag, the advantage of businesses that sell scarce skills (CBIZ, Insperity, RS Group), and why eyewear retail is harder than it…looks.
The impacts of inflation, interest rates, and sharp currency movements on the portfolio, and the importance of leaning in to process and keeping a long-term perspective.
The team debates the thesis that renewables are becoming “cheaper” than traditional energy sources, unpacks why the ultimate cost to the end consumer shouldn’t be missing from the conversation, and delves into the investment implications.
Inflation, interest rates, the valuation correction, bias creep, and “sticking to our knitting.” A full dive into Q2.
CIO Paul Moroz unpacks the foundational components to better decision making for investing, business, and life.
Lead Portfolio Manager, Crista Caughlin, on what’s happening in bond markets, a look at inflation and interest rates, and the key scenarios we’re monitoring.
Opportunities and risks we’re seeing in energy, rail, and financials; why we exited Shopify; and a few team learnings.