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Morton Investment Research
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![The Hero in You: Would You Bet against the House?](https://static.wixstatic.com/media/b1710430ebff44b59290e04b2eddf0e1.jpg/v1/fill/w_514,h_386,fp_0.50_0.50,q_90,enc_auto/b1710430ebff44b59290e04b2eddf0e1.webp)
Tim Morton, CFA
Jun 12, 20233 min read
The Hero in You: Would You Bet against the House?
The Hero in You: Would You Bet against the House?
![](https://static.wixstatic.com/media/nsplsh_75752d4a773553756e5949~mv2_d_2079_2599_s_2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/nsplsh_75752d4a773553756e5949~mv2_d_2079_2599_s_2.webp)
![Balanced Portfolio: Rumours of Diminished Benefit are Greatly Exaggerated](https://static.wixstatic.com/media/nsplsh_75752d4a773553756e5949~mv2_d_2079_2599_s_2.jpg/v1/fill/w_514,h_386,fp_0.50_0.50,q_90,enc_auto/nsplsh_75752d4a773553756e5949~mv2_d_2079_2599_s_2.webp)
Tim Morton, CFA
Jun 5, 20233 min read
Balanced Portfolio: Rumours of Diminished Benefit are Greatly Exaggerated
Why would you abandon confidence in a strategy that has generated a positive return 87% of the time over the past sixteen years?
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![Risk Not Thy Whole Wad](https://static.wixstatic.com/media/de7c6a_9326902f31674f749a38c98129c1bdd0~mv2.jpeg/v1/fill/w_514,h_386,fp_0.50_0.50,q_90,enc_auto/de7c6a_9326902f31674f749a38c98129c1bdd0~mv2.webp)
Tim Morton, CFA
Apr 19, 20233 min read
Risk Not Thy Whole Wad
"Risk Not Thy Whole Wad", a classic ad that lives on
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![To Time or Not to Time the Markets?](https://static.wixstatic.com/media/1bf0847e641448ea916c9a914de9e808.jpg/v1/fill/w_514,h_386,fp_0.50_0.50,q_90,enc_auto/1bf0847e641448ea916c9a914de9e808.webp)
Tim Morton, CFA
Apr 4, 20234 min read
To Time or Not to Time the Markets?
What I lacked in wisdom was made up in confidence. " It could be the start of better markets...simply due to everyone being so pessimistic
![](https://static.wixstatic.com/media/89f6ba4d61ff44f9838079d152fec20f.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/89f6ba4d61ff44f9838079d152fec20f.webp)
![David versus Goliath, Is there an Equal Opportunity for Success?](https://static.wixstatic.com/media/89f6ba4d61ff44f9838079d152fec20f.jpg/v1/fill/w_514,h_386,fp_0.50_0.50,q_90,enc_auto/89f6ba4d61ff44f9838079d152fec20f.webp)
Tim Morton, CFA
Mar 28, 20233 min read
David versus Goliath, Is there an Equal Opportunity for Success?
A good friend asked me if individual investors can compete fairly with institutions and hedge funds. It is an important question and...
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![Push Hard Enough and Something Will Break](https://static.wixstatic.com/media/nsplsh_00b606fce1cf4e87b40dee223392f6b8~mv2.jpg/v1/fill/w_514,h_386,fp_0.50_0.50,q_90,enc_auto/nsplsh_00b606fce1cf4e87b40dee223392f6b8~mv2.webp)
Tim Morton, CFA
Mar 11, 20233 min read
Push Hard Enough and Something Will Break
The U.S. Federal Reserve seems intent on breaking the back of the U.S. economy. Well, this week something broke.
![](https://static.wixstatic.com/media/47efd4f9360c469277248565faf253c1.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/47efd4f9360c469277248565faf253c1.webp)
![If it Walks like a Duck and Quacks like a Duck..........](https://static.wixstatic.com/media/47efd4f9360c469277248565faf253c1.jpg/v1/fill/w_514,h_386,fp_0.50_0.50,q_90,enc_auto/47efd4f9360c469277248565faf253c1.webp)
Tim Morton, CFA
Feb 6, 20233 min read
If it Walks like a Duck and Quacks like a Duck..........
Do analysts make predictions that seem to defy logic, merely to get the attention of the press? Can they stay composed, with a straight face
![](https://static.wixstatic.com/media/11062b_9e0bdb55dde449ccb5d99eb6a244fdb6~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/11062b_9e0bdb55dde449ccb5d99eb6a244fdb6~mv2.webp)
![MIR 20 - A Stock Pickers Solution or Dilemma?](https://static.wixstatic.com/media/11062b_9e0bdb55dde449ccb5d99eb6a244fdb6~mv2.jpg/v1/fill/w_514,h_386,fp_0.50_0.50,q_90,enc_auto/11062b_9e0bdb55dde449ccb5d99eb6a244fdb6~mv2.webp)
Tim Morton, CFA
Jan 20, 20233 min read
MIR 20 - A Stock Pickers Solution or Dilemma?
Can a select group of twenty stocks outperform a 400-stock benchmark? Or will the randomness of return within the S&P 400 index prove .....
![](https://static.wixstatic.com/media/nsplsh_3577ab129ac1446a906899b36d743ad1~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/nsplsh_3577ab129ac1446a906899b36d743ad1~mv2.webp)
![Belt and Suspenders - Should it be Mandatory for a Stock Picking Strategy?](https://static.wixstatic.com/media/nsplsh_3577ab129ac1446a906899b36d743ad1~mv2.jpg/v1/fill/w_514,h_386,fp_0.50_0.50,q_90,enc_auto/nsplsh_3577ab129ac1446a906899b36d743ad1~mv2.webp)
Tim Morton, CFA
Jan 13, 20234 min read
Belt and Suspenders - Should it be Mandatory for a Stock Picking Strategy?
Buy and Hold? It is not so easy, as even the largest companies in America are removed from the S&P 500 for declining valuations.
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![Stock Picking: When The Rubber Meets The Road](https://static.wixstatic.com/media/db5b4b37bf0444c78877ce24d47736fd.jpg/v1/fill/w_514,h_386,fp_0.50_0.50,q_90,enc_auto/db5b4b37bf0444c78877ce24d47736fd.webp)
Tim Morton, CFA
Jan 6, 20233 min read
Stock Picking: When The Rubber Meets The Road
It is exciting to innovate and try a new investment strategy. But expectations meet reality when stock purchases begin.
![](https://static.wixstatic.com/media/nsplsh_18344533e88c45f897a3c5d6bf384946~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/nsplsh_18344533e88c45f897a3c5d6bf384946~mv2.webp)
![Designing an Active Stock Picking Strategy](https://static.wixstatic.com/media/nsplsh_18344533e88c45f897a3c5d6bf384946~mv2.jpg/v1/fill/w_514,h_386,fp_0.50_0.50,q_90,enc_auto/nsplsh_18344533e88c45f897a3c5d6bf384946~mv2.webp)
Tim Morton, CFA
Dec 29, 20222 min read
Designing an Active Stock Picking Strategy
Can I really add value through superior stock selection, buying "good" companies and avoiding the "bad"?
![](https://static.wixstatic.com/media/nsplsh_59633430392d3856327055~mv2_d_4876_3251_s_4_2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/nsplsh_59633430392d3856327055~mv2_d_4876_3251_s_4_2.webp)
![Adding Value: The Stock Pickers Dilemma](https://static.wixstatic.com/media/nsplsh_59633430392d3856327055~mv2_d_4876_3251_s_4_2.jpg/v1/fill/w_514,h_386,fp_0.50_0.50,q_90,enc_auto/nsplsh_59633430392d3856327055~mv2_d_4876_3251_s_4_2.webp)
Tim Morton, CFA
Dec 13, 20224 min read
Adding Value: The Stock Pickers Dilemma
It really can't be that hard to beat the stock market, can it? The dilemma faced by stock pickers.
![](https://static.wixstatic.com/media/7bda8e_020233d885354a3798aed0246fe9e801~mv2.webp/v1/fill/w_250,h_250,al_c,q_30,blur_30,enc_auto/7bda8e_020233d885354a3798aed0246fe9e801~mv2.webp)
![Rodney Dangerfield’s Canada – I Don’t Get No Respect](https://static.wixstatic.com/media/7bda8e_020233d885354a3798aed0246fe9e801~mv2.webp/v1/fill/w_514,h_386,al_c,q_90,enc_auto/7bda8e_020233d885354a3798aed0246fe9e801~mv2.webp)
Tim Morton, CFA
Nov 7, 20222 min read
Rodney Dangerfield’s Canada – I Don’t Get No Respect
You would think global investors would look to Canada for investment opportunities that are not available elsewhere.
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![Black Monday, Investor crushed while picking up Pennies](https://static.wixstatic.com/media/7bda8e_20fe08a5ba76477181d46b2533134f91~mv2.jpg/v1/fill/w_514,h_302,fp_0.50_0.50,q_90,enc_auto/7bda8e_20fe08a5ba76477181d46b2533134f91~mv2.webp)
Tim Morton, CFA
Oct 21, 20221 min read
Black Monday, Investor crushed while picking up Pennies
I remember the day -- It was 2:30 in the afternoon on the sunny October 16, 1987...
![](https://static.wixstatic.com/media/11062b_3b14c61babd940ed8b7edcda5710b826~mv2.jpeg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/11062b_3b14c61babd940ed8b7edcda5710b826~mv2.webp)
![Predicting Future Value, More Art than Science?](https://static.wixstatic.com/media/11062b_3b14c61babd940ed8b7edcda5710b826~mv2.jpeg/v1/fill/w_514,h_386,fp_0.50_0.50,q_90,enc_auto/11062b_3b14c61babd940ed8b7edcda5710b826~mv2.webp)
Tim Morton, CFA
Sep 21, 20223 min read
Predicting Future Value, More Art than Science?
No value in predicting S&P year-end valuation. Think back to early 2020. The COVID panic was at a peak, with the S&P 500 falling 34%.
![](https://static.wixstatic.com/media/nsplsh_473046734f324361386e51~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/nsplsh_473046734f324361386e51~mv2.webp)
![Knowing Your "Uncle Point" is Key to Your Investment Strategy](https://static.wixstatic.com/media/nsplsh_473046734f324361386e51~mv2.jpg/v1/fill/w_514,h_386,fp_0.50_0.50,q_90,enc_auto/nsplsh_473046734f324361386e51~mv2.webp)
Tim Morton, CFA
Aug 19, 20223 min read
Knowing Your "Uncle Point" is Key to Your Investment Strategy
Even with a very long time horizon, a 20% to 30% drop in the value of your portfolio is gut-wrenching.
![](https://static.wixstatic.com/media/11062b_c958b89ec95d43eabd6fee34d3f1d8f6~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/11062b_c958b89ec95d43eabd6fee34d3f1d8f6~mv2.webp)
![Ignore Investment Predictions](https://static.wixstatic.com/media/11062b_c958b89ec95d43eabd6fee34d3f1d8f6~mv2.jpg/v1/fill/w_514,h_386,fp_0.50_0.50,q_90,enc_auto/11062b_c958b89ec95d43eabd6fee34d3f1d8f6~mv2.webp)
Tim Morton, CFA
Jul 24, 20222 min read
Ignore Investment Predictions
No need to predict market bottoms. In the long term, corporate earnings will reward investors.
![](https://static.wixstatic.com/media/nsplsh_7a6c6b705451545376694d~mv2_d_5616_3744_s_4_2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/nsplsh_7a6c6b705451545376694d~mv2_d_5616_3744_s_4_2.webp)
![Is that Light at the End of the Tunnel?](https://static.wixstatic.com/media/nsplsh_7a6c6b705451545376694d~mv2_d_5616_3744_s_4_2.jpg/v1/fill/w_514,h_386,fp_0.50_0.50,q_90,enc_auto/nsplsh_7a6c6b705451545376694d~mv2_d_5616_3744_s_4_2.webp)
Tim Morton, CFA
Jul 3, 20223 min read
Is that Light at the End of the Tunnel?
Based on current equity valuations, bond yields and historic return history, the future looks bright.
![](https://static.wixstatic.com/media/nsplsh_8767f0685d134fde94150363b1ac3970~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/nsplsh_8767f0685d134fde94150363b1ac3970~mv2.webp)
![Market Volatility - Contrary to Common Sense?](https://static.wixstatic.com/media/nsplsh_8767f0685d134fde94150363b1ac3970~mv2.jpg/v1/fill/w_514,h_386,fp_0.50_0.50,q_90,enc_auto/nsplsh_8767f0685d134fde94150363b1ac3970~mv2.webp)
Tim Morton, CFA
Jun 15, 20222 min read
Market Volatility - Contrary to Common Sense?
Unlike many endeavours, investing success is not guaranteed by experience and intelligence.
![](https://static.wixstatic.com/media/11062b_7f66e68c7be1448eb7978b1982e1983d~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/11062b_7f66e68c7be1448eb7978b1982e1983d~mv2.webp)
![Capturing Meteoric Gains](https://static.wixstatic.com/media/11062b_7f66e68c7be1448eb7978b1982e1983d~mv2.jpg/v1/fill/w_514,h_386,fp_0.50_0.50,q_90,enc_auto/11062b_7f66e68c7be1448eb7978b1982e1983d~mv2.webp)
Tim Morton, CFA
May 31, 20223 min read
Capturing Meteoric Gains
high-flying stock falls back to earth. Paper profits evaporate. There must be a better way to lock in profits, but at what cost?
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