From Morningstar:

1. Greg Eckel of Canadian General Investments (CGI) shares insights on sector promise, economic risks, investment strategy, and personal preferences in a recent interview.
2. Canada’s promising technology sector and concerns about interest rate policy dominate the interview, stressing the importance of a delicate balancing act in these uncertain economic times.
3. Eckel’s conservative investment approach for CGI is focused on long-term profitability and low portfolio turnover.
4. Eckel avoids investments that are beyond his understanding and has a preference for growth over value. He also favors owning a house over a pension in Canada.
5. He sees the potential in blockchain technology but doesn’t consider cryptocurrency a viable investment currently.
6. Improving diversity in fund management requires industry initiatives to introduce investing ideas to schools and colleges, as well as a strong understanding of finance as a necessary life skill.
7. Canadian General Investments avoids public engagement with companies, preferring to remain rational and monitoring companies through alternative channels.
8. ‘Be Prepared’ is the best advice that Eckel was ever given, a motto he applies to investing and life.
9. If he hadn’t become a fund manager, Eckel would be disappointed, showing his passion for his chosen career in finance.



Read more: 13 Questions for Canadian General Investments’ Greg…