By Sydney Van Vierzen
Cymbria, which owns 20.1% of EdgePoint Wealth Management Inc., recently held its 16th annual Cymbria Day in Toronto at the architecturally stunning Koerner Hall, otherwise known as the headquarters of The Royal Conservatory of Music. The Investment Team takes immense pride in seeing investors from across the country for this event and always looks forward to the opportunity to spend meaningful time with likeminded individuals. For anyone who hasn’t attended a Cymbria Day in person, I strongly urge you to consider coming next year – we would love to see you there.
After 16 years you’d think we would have the format down to a science, and yet every year we tweak it because, while the investment approach doesn’t change, just about everything else does. The major change this year was an extended Q&A session – we shortened the prepared remarks to give more time to answer audience questions. The goal here was twofold, as it gave an opportunity for more members of the Investment Team to contribute, while also allowing us to spend more time talking about topics that the audience found most relevant. Naturally, we can only answer so many questions and even though we answered a record 21 this year (up over 100% from last year!), it represented a small fraction of the total questions submitted. The goal of this commentary is to help answer some of the questions we didn’t get to at the event, and it will probably surprise no one that the most asked-about topic this year was artificial intelligence (A.I.).
What makes Cymbria Day special is that it’s so much more than the annual meeting. There are many meaningful interactions between the Investment Team and likeminded investors who attend. We get plenty of time to share our views while also hearing the opinions of others. Across those interactions, there was an oft-repeated phrase when the topic of A.I. came up: This time is different.
Read the rest here: This time’s different, right?
By Sydney Van Vierzen
Cymbria, which owns 20.1% of EdgePoint Wealth Management Inc., recently held its 16th annual Cymbria Day in Toronto at the architecturally stunning Koerner Hall, otherwise known as the headquarters of The Royal Conservatory of Music. The Investment Team takes immense pride in seeing investors from across the country for this event and always looks forward to the opportunity to spend meaningful time with likeminded individuals. For anyone who hasn’t attended a Cymbria Day in person, I strongly urge you to consider coming next year – we would love to see you there.
After 16 years you’d think we would have the format down to a science, and yet every year we tweak it because, while the investment approach doesn’t change, just about everything else does. The major change this year was an extended Q&A session – we shortened the prepared remarks to give more time to answer audience questions. The goal here was twofold, as it gave an opportunity for more members of the Investment Team to contribute, while also allowing us to spend more time talking about topics that the audience found most relevant. Naturally, we can only answer so many questions and even though we answered a record 21 this year (up over 100% from last year!), it represented a small fraction of the total questions submitted. The goal of this commentary is to help answer some of the questions we didn’t get to at the event, and it will probably surprise no one that the most asked-about topic this year was artificial intelligence (A.I.).
What makes Cymbria Day special is that it’s so much more than the annual meeting. There are many meaningful interactions between the Investment Team and likeminded investors who attend. We get plenty of time to share our views while also hearing the opinions of others. Across those interactions, there was an oft-repeated phrase when the topic of A.I. came up: This time is different.
Read the rest here: This time’s different, right?
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