Contra the Heard Investment Newsletter

07/31/2026

Mark your calendars to join Phil MacKellar at the MoneyShow Masters Symposium in Toronto on September 24th & 25th to learn how to find growth stocks as a contrarian investor.

Register for FREE today to secure your spot:
https://toronto.moneyshow.com/?scode=067713

07/29/2026

The liquor industry may be slowing, but Corby Spirit & Wine ($CSW-A-T) continues to outperform the broader spirits market.

In Phil MacKellar’s latest Globe & Mail article, he explores why this overlooked dividend payer may still have room to run, and why investors shouldn’t overlook the company’s recent momentum.

Read it here:

"Corby Spirit & Wine is translating its acquisition strategy into market share gains and earnings growth. Philip MacKellar examines how successful M&A ex*****on is strengthening the company's long-term investment outlook."

07/27/2026

The market rewards those who wait. Patience isn't passive; it’s a disciplined choice to ignore the crowd and stick to a proven process. If you have the stomach to hold while others trade in and out of stocks, you already have an edge.

07/22/2026

Risk isn’t volatility. Risk is being forced out of the game before your thesis has time to work. Stop watching the ticker and start auditing your process.

07/20/2026

Bull markets breed confidence. Bear markets test conviction. Only discipline survives both.

07/16/2026

Price reflects opinion, value reflects reality. Doing the valuation work is how you tell the difference between a bargain and a value trap.

07/09/2026

Long-term wealth requires short-term pain. Volatility is the price of admission.

07/04/2026

Think Wall Street always has the upper hand? Think Again.

In his latest article, Caellum Gallander explains why retail investors are better positioned than they realize and how they can use that edge to outperform their bigger counterparts.

Read it here:

It is easy for retail investors to look at Wall or Bay Street giants and feel intimidated. Equipped with armies of CFAs, algorithmic trading systems, and expensive real-time data feeds, institutional funds look like Goliath to David.

06/29/2026

You don’t need to own dozens of stocks to see excellent results. A focused portfolio of contrary and misunderstood businesses allows for deeper understanding and better compounding. Stick to your process, avoid the "hot" trades, and choose quality over quantity.