He may have switched from the sell side to the buy side, but Stableview Asset Management’s Ron Shuttleworth still obsesses over one thing: tech.
Shuttleworth will kick-off a three city, Western Canada speaking tour tomorrow in Edmonton to talk about how to invest in Canadian tech stocks. It’s something he knows a little about; as an analyst with M Partners last year, Shuttleworth’s top picks returned 171%. He alerted investors to the possibilities in names like Mitel, Redknee and Solium Capital before they all posted triple-digit gains.
The series of talks, presented by Market Motion Media and sponsored by the TSX and TSX Venture Exchange, will touch down in Edmonton tomorrow night at The Westin, move to Calgary on Wednesday at The Petroleum Club and conclude in downtown Vancouver Thursday afternoon at SFU’s Segal Building.
Shuttleworth says he wants to help investors avoid the sizzle of the sector and find an investment they can sink their teeth into.
“We are trying to help people understand that there is a lot more cash flow in technology than people think,” he told Cantech Letter today. “And that good technology investing ignores hype. We have methods to help identify cash flow that is sustainable, predictable, efficient and growing – and at the best price for our investors. We try to ignore momentum.”
Shuttleworth says he and Colin Fisher launched Stableview Asset Management to capitalize on the current tech sector, but that their philosophy is more focused on the numbers beneath the business.
“Stableview Insight Fund is all about using fundamental analysis to gain insight into markets and cash flow,” he says. “How sustainable, predictable and efficient is cash flow, and is it growing. Although we invest in all non-resource sectors, we are most aligned to technology right now because of the efficiency and predictability of cash flow. If tomorrow Industrial cash flow is more efficient and predictable than technology, we have no fear of heading there.”