Rissogill observed cundill from a frontrow seat, serving for a decade as a director of the cundill value fund, which returned a hair above 15% annually for. The author presents himself as peter the apostle, and, following catholic tradition, the epistle has been held to have been written during his time as bishop of rome or bishop of antioch, though neither title is used in the epistle. It gives a great summary of the peter cundill investment approach with numerous great examples to illustrate his approach. Five good questions for mohnish pabrai and guy spi. The rise of new powers in feature articles by porter anderson february 26, 2020 leave a comment the new jury chair of the cundill history prize, peter frankopan, on why history books and writing are important in this. Peter cundill and is intended to recognize books that have a broad appeal as well as historical scholarship, originality and literary qualities. The book offers a fantastic summary of the peter cundill investment approach and plenty of great examples to illustrate this approach. He used the name of the ancient mesopotamian city as a standin for rome, the modern city that, like babylon, gave itself over to idol worship and false gods. Jan 11, 2015 peter cundills book recommendations from theres always something to do. The cundill history prize or simply cundill prize previously cundill prize in historical literature, was founded in 2008 by peter cundill to the prize is presented annually to an author who has published a nonfiction book in the prior year that is likely to have profound literary. Nov 03, 2015 susan pedersen is the winner of this years cundill prize in historical literature, one of the worlds most lucrative nonfiction prizes, it was announced monday. The books author followed with another, notquiteaspopular book, super money. Endowed by f peter cundill, a mcgill alumnus, philanthropist, and renowned global investor, the cundill history prize is open to books from anywhere in the world, regardless of the authors nationality or place of residence, as well as works translated into english.
The following grants have been made to date and special projects with links to peter cundill s interests. Theres always something to do should be essential reading for anyone with a serious interest in beating the market. Christopher rissogill is a consultant to the peter cundill foundation. I think that intelligent forecasting company revenues, earnings, etc. He then qualified as a chartered accountant 1963 and a chartered financial analyst charter holder 1968, which lead to a career in the investment management business. The something peter cundill will do today seeking alpha. That is low pb stocks, distressed situations, companies selling below their net current asset values. Cundill earned the designation of chartered accountant and then chartered financial analyst before moving from montreal to vancouver to become the president of agf investment management. Peter cundills girlfriend loses high court fortune bid. A voracious reader and inveterate traveller, peter cundill had an abiding passion for history. However, after reading the book, i certainly wish i had known more about mr. See all books authored by christopher rissogill, including theres always something to do. Born in new jersey and educated at the university of virginia, he walked away from a successful wall street career shortly before his thirtieth birthday to become a professional hunter first in central and south america and laterand most famouslyin africa. In that book, he read about benjamin grahams and david dodds classic book, securities analysis, and after reading graham and dodds book cundill seriously took up indepth value investing.
Im talking about, theres always something to do the peter cundill investment approach. Appendix 1 some major figures in peter cundill s investment world 219. Jan 28, 2011 peter cundill, 72, was a renowned value investor and mutual fund manager who helped shake up the canadian money management industry. Interview with christopher rissogill, author of theres.
I took the liberty of creating what i consider a peter cundill inspired netnet template in excel. Peter cundill fca, cfa philanthropist, sportsman, diarist and renowned global value investor. Oct 18, 2015 peter cundill is a legendary deep value investor whose cundill value fund has achieved a marketbeating. Peter cundill bio, investments, books, videos, articles. Peter cundill, the subject of this book, took control of the allcanadian venture fund in 1975 which became the cundill value fund, and over the next 33 years he averaged a compound annual rate of return of 15. He was a partner in the company and in april 1977, the fund was renamed the cundill value fund. Susan pedersen is the winner of this years cundill prize in historical literature, one of the worlds most lucrative nonfiction prizes, it was announced monday. The cundill history prize or simply cundill prize previously cundill prize in historical literature, was founded in 2008 by peter cundill to the prize is presented annually to an author who has published a nonfiction book in the prior year that is likely to have profound literary, social, and academic impact in the area of history. He completed a bachelor of commerce degree from mcgill university in 1960. In the context of recent financial upheavals and ongoing uncertainty, peter cundill s wise and frequently funny reflections are more important than ever. In a seamlessly assembled narrative drawn from interviews, speeches, and exclusive access to the daily journal cundill kept for fortyfive years, christopher rissogill outlines cundill s investment approach and provides accounts of his. Over half of mcgill students claim a first language other than english, including approximately 20% of our students who say french is their mother tongue. Whether or not youre a value investor or are among the more than one million holders of mackenzie cundill funds, theres always something to do. Download it once and read it on your kindle device, pc, phones or tablets.
Peter cundill s first investment was made while he was working as an office boy at wood gundy. Camh home to first global centre dedicated to child and. Peter cundill was handed a copy of this book just a few days before he died. Your essential guide to peter cundill investing net net.
Cundill history prize 2020 now open for submissions. Excavations at the long cist cemetery on the hallow hill, st. A value investor who able to finish 22 marathons, in sub3 as well, and very open on investing worldwide. Christopher is the author of a new book on peter cundill, theres always something to do. Susan pedersen wins cundill prize in historical literature. One of the most highly regarded global investors of his time, according to the programs organizers, the globetrotting philanthropist believed passionately in wellwritten works of history as the. Peter hathaway capstick was a famous american hunter and author. In his first 10 years of running the fund, he invested in small, illiquid stocks. He was diagnosed with an untreatable neurological condition in. Cundill history prize chair peter frankopan on importance. Peter cundill 19382011, a distinguished alumnus of mcgill university, was a philanthropist, sportsman, diarist, and renowned global investor. What i found fascinating is that peter created a netnet template in the 1970s and continued to use it until he retired in 2009. The peter cundill investment approach as want to read.
An original article from the proceedings of the society of antiquaries of scotland, 1996. An example was peter cundill s first major equity investments, bethlehem copper one of only 10 investments in cundill s fund and accounted for. Way back in 1968, a book titled the money game about the gogo investing years during the 1960s became a best seller. What i like most about this book is the global perspective, which includes examples from france, south africa, japan, russia, etc. One of the first things john rendel did when he took over as head of grants at the peter cundill foundation in 2019, was to unrestrict as many of the foundations grants as possible and. The first investment i ever made was while i was still at mcgill in 1959. The peter cundill investment approach offers personable insights into the world of one of the best fund managers in canadian history. My first encounter with cundill s name was at 2011 when i own the same stock as his fund, tough i didnt know who he was then. Peter cundill excelled at finding bargains using the classic benjamin graham approach a business is cheap if a careful analysis of a companys balance sheet reveals that the market price of the. In 2011, christopher rissogill published theres always something to do. The best source of information on peter cundill, though, is the 2011 biography written by christopher rissogill. The cundill history prize, 3463 peel street, montreal, qc.
Schwartz was named the winner of the first annual cundill international prize in history at mcgill for his book,all can be saved. Christopher rissogill the story of the origins and development of peter cundill s pioneering investment journey. Book of first peter overview insight for living ministries. Rissogill observed cundill from a frontrow seat, serving for a decade as a director of the cundill value fund, which returned a hair above 15% annually for 33 years. He was known to outperform the market without many down years. Case studies of the peter cundill investment approach. Cundill came to value investing in 197273 when reading the book supermoney by adam smith. Appendix 2 investments held by peter cundill entities as of 31 july 2010 223.
Theres always something to do kindle edition by rissogill, christopher. The book is the only large scale work covering peter cundill s so is definitely a mustread for anybody interested in digging deeper into the man. The peter cundill foundation partnered with luminos to bring educational opportunities to outofschool children in ethiopia. Why more foundations should give unrestricted funding devex. The canadian born investor, peter cundill, plunged into the world of financial markets while he was still at mcgill university, which he graduated from in 1960 with a degree in commerce. Nov 16, 2017 it was established by mcgill professor f. The professor of global history at oxford university peter frankopan, bestselling author of the silk roads, will chair the jury for the 2020 cundill history prize, antonia maioni, dean of the faculty of arts at mcgill university, announced today. Peter cundill s girlfriend loses high court fortune bid. Peter cundill was born in montreal, quebec in october 1938, and was educated at lower canada college. Peter cundill 19382011, a canadian philanthropist with a. Peter cundill was fundamentally a statistical deep value investor. It is the most important book award that you have not heard of.
Routines and orgies by christopher rissogill overdrive. Peter frankopan to chair 2020 cundill history prize jury. The prize is presented annually to an author who has published a nonfiction book in the prior year that is likely to have profound literary, social, and academic impact in the area of history. That is the limited scalability of deep value strategies.
The peter cundill investment approach, and routines and orgies. Peter cundill, 72, was a renowned value investor and mutual fund manager who helped shake up the canadian money management industry. Christopher does a great job documenting cundill s early investing years. The peter cundill investment approach, the first and only book about one of finest canadian investors in history. The rise of new powers in feature articles by porter anderson february 26, 2020 leave a comment the new jury chair of the cundill history prize, peter frankopan, on why history books and writing are important in this time of shifting geopolitical sands. Peter cundill was born in montreal in october 1938. The cundill history prize formerly the cundill prize in historical literature was founded in 2008 by peter cundill to recognize and promote literary and academic achievement in history. Christopher rissogill books list of books by author. The life of peter cundill, financial genius, philosopher, and philanthropist, and more on.
Cundill s rules for investment success are lovingly and freely documented in his own words. Walking in joseph conrads footsteps, maya jasanoff wins 2018. The cundill value fund was launched in december 1974 and. The book doesnt discuss his template much but they do include a sample of one as an appendix. Established in 2012, the foundation honours the legacy of renowned canadian investment fund manager and philanthropist, f. May 03, 2012 in 2011, christopher rissogill published theres always something to do. The professor of global history at oxford university peter frankopan, bestselling author of the silk roads, will chair the jury for the 2020 cundill history prize, antonia maioni, dean of the faculty of arts at. It was super money that 35yearold investor peter cundill read during a plane trip in 1973. Peter cundills top book recommendations for investors. The following organisations are the first to enter our core 30 portfolio. The book describes peter cundill s investing career.
How a global value manager scaled great heights morningstar. Peter cundill 19382011 was highly regarded as one of the greatest value investors of his time, but he was also a teacher and mentor who was generous with his knowledge and shared the wealth of his experience with many aspiring investors. First edition, hardcover, signed by cundill and limited no. Peter cundill bio, investments, books, videos, articles, quotes. Nov 10, 2015 this is a book recommended by legendary value investor michael price trades, portfolio.
Peter cundill on the worst investment he ever made. Cundill was an amazing canadian value investor whose fund returned 26% compounded annually over its first 10 years. Camh home to first global centre dedicated to child and youth. Mar 11, 2011 christopher rissogill was a director of the cundill value fund for ten years. The book s author followed with another, notquiteaspopular book, super money. Use features like bookmarks, note taking and highlighting while reading theres always something to do. It has been documented that capstick actually assisted in the conflict helping to protect land owners, i have no proof of that, but it did cause a break in the hunting action which i think greatly gave him the time necessary to begin writing his books on africa, the first published in 1977. There are a few books really not that many which i believe are indispensable reading for every serious investor in whatever facet of investment practice they may favor. It gives a great summary of the peter cundill investment approach with numerous great examples to. He also emphasized global investment, including extreme bargains in markets with shaky respect for capital.
The professor of global history at oxford university peter frankopan, bestselling author of the silk roads, will chair the jury for the 2020 cundill history prize. So a candid description of peters investment style and its evolution can be found on the outstanding investment digest websites account of the cundill investment conference. Peter frankopan to chair 2020 cundill history prize. Peter cundill says its hard now to find attractively priced stocks.
Peter cundill value investing and the art of being flexible. There he learned about graham and buffett and found out, that buying a stock trading below net cash inevitably worked. Theres always something to do the cundill investment approach. Jan 27, 2011 fortunately, a webpage i bookmarked in 1998 when i began recommending cundill value fund is still online today.
Its purpose ought to be to illuminate the road, to point out obstacles and potential pitfalls and so assist management to tailor events and to bend them in a desired direction. This is a book recommended by legendary value investor michael price trades, portfolio. Extraordinary popular delusions and the madness of crowds by charles mackay only the first two chapters the title is worth the price of admission. Into university seek to advance the education of children and young people in socially or economically disadvantaged communities in order to increase their chances of entering higher education, securing a place at university or achieving another chosen aspiration.
Peter cundills book recommendations valuewalk premium. As a deep value investor, he was able to stick to purchases below book value, focusing on hard assets. Canadas cundill history prize announces its 2018 shortlist. Special projects with links to peter cundill s interests. He was known to outperform the market without many down years, doing extremely well when the market underwhelmed. The cundill history prize honors the abiding vision of its founder, the mcgill alumnus f. During his remarkable life, peter had many interests and was both an academic and an athlete.
Aug 10, 2017 peter cundill was an award winning canadian investment guru who died aged 72 in 2011 but his friend and trustee, jenny bingham, were concerned about miss joseph and appeared to view her as greedy. An interview with peter cundill the globe and mail. He then qualified as a chartered accountant 1963 and a chartered financial analyst charter holder 1968, 2 which lead to a career in the investment management business. The first epistle of peter, usually referred to simply as first peter and often written 1 peter, is a book of the new testament.