The Scorecard Podcast

An AI generated podcast from GreensKeeper Asset Management's report detailing the Value Fund’s performance for the final quarter of 2025, noting a modest annual return of +0.4%. The fund faced significant obstacles from currency exchange rates and a market dominated by the "Magnificent Seven" technology stocks. Despite these challenges, the managers maintained a defensive posture and emphasized their commitment to long-term value investing over chasing high valuations. Individual stock updates highlight successes in Alphabet and American Express, while acknowledging a substantial loss in Fiserv. The document reinforces a philosophy of capital preservation, transparency regarding mistakes, and personal financial alignment with clients. Overall, the sources provide a comprehensive year-end review of portfolio adjustments and the firm's strategic outlook for 2026.

An AI generated audio podcast overview of the GreensKeeper Value Fund's performance and portfolio decisions for the third quarter of 2025, noting a modest year-to-date return despite a significant rally in broader North American indices. The fund discusses its top contributors—Alphabet Inc. (GOOG), ICON Plc. (ICLR), and General Dynamics (GD)—and its largest detractors, including Fiserv Inc. (FI) and Novo Nordisk (NVO). Furthermore, it expands into a philosophical defense of free-market capitalism and global free trade, arguing that these principles are essential for human progress and peace, while warning against the dangers of state intervention, protectionism, and the appeal of socialism. Finally, the text concludes with specific critiques of Canadian economic policy, advocating for the removal of protectionist measures and interprovincial trade barriers to foster greater national prosperity.

In this episode - Issue #49: The Elephant of the GreensKeeper Value Fund's quarterly "Scorecard" for Q1 2025. Reporting a +3.0% net return for the fund despite challenging market conditions, including a significant selloff triggered by a President Trump tariff announcement. We cover the top-performing holdings—including Berkshire Hathaway, Vertex Pharmaceuticals, and Check Point Software Technologies—and the biggest laggards, notably Alphabet and American Express, emphasizing the fund's strategy of investing in well-capitalized, durable businesses. Also addressed are Canadian investors' concerns regarding the escalating US-Canada trade war and tariffs, advising against letting political views influence investment decisions and stressing the importance of rational, long-term value investing in global companies.

This is a generated podcast from GreensKeeper Asset Management's "The Scorecard Issue 50 - Temet Nosce" from Q2 2025.  Discussions include its performance and market outlook, top-performing stocks, including American Express, Alphabet Inc., and Compagnie Financière Richemont SA, while addressing the worst performers such as Fiserv and Berkshire Hathaway following Warren Buffett's retirement announcement. Also included is some philosophical advice to investors, using the recent "Liberation Day" tariff selloff as a case study to emphasize the importance of maintaining a rational, long-term perspective during market panics and the futility of trying to time the market.