Contra the Heard Investment Newsletter

06/22/2026

Investing in simple and durable businesses sounds straightforward, but "simple" isn't easy in a hype-driven market. We prioritize staying power over storylines. In the long run, durability beats buzz.

06/19/2026

Most people think investing is about finding the next big thing. It’s actually about surviving the long periods where nothing happens. The ultimate superpower isn't genius; it’s the ability to be bored while your wealth compounds.

06/12/2026

Markets rise on optimism, but they fall on fear.

06/10/2026

Crowds create noise. Independent thinking creates opportunity. If everyone agrees with you, the alpha is probably gone.

06/05/2026

Skip the IPO and S**C hype. To understand a company, you need history. Avoiding stocks listed under five years lets you focus more on business prospects and less on hype.

05/30/2026

While everyone is chasing data center stocks and flashy software apps, Neo Performance Materials ($NEO.TO) is uniquely positioned to succeed in the AI race. In our latest Globe & Mail feature, Phil MacKellar breaks down why.

Read the breakdown here.👇 https://www.contratheheard.com/the-contra-guys/neo-performance-materials-look-past-the-ai-data-centre-hype-to-the-critical-metal-buildout/

"description" content="Neo Performance Materials offers investors exposure to the critical minerals powering AI infrastructure, electrification, and advanced manufacturing. Philip MacKellar explains why the long-term materials buildout may matter more than short-term AI hype."

05/25/2026

The sweet spot is 20 to 35 names; it’s diversified enough to offer protection but concentrated enough to move the needle when stocks move.

05/22/2026

You don’t need a "perfect" stock, just a good business at a cheap price.

05/19/2026

Big names grab the headlines, but small caps deliver the growth. While the crowd argues about overvalued giants, we hunt for small, unloved, companies with reasonable valuations.

05/16/2026

Real stock picking is uncomfortable. You’ll buy when others think you’re wrong and sell when others think you’re crazy. Conviction isn’t a feeling; it’s the result of doing work so deep that volatility can’t shake you out.