Value Investing Loses Another Great: Peter Cundill (1938 – 2011)
Last week, the value investing world lost another great. Canadian SuperInvestor, Peter Cundill, passed away on January 24, 2011 at the age of 72.
According to the National Post, in 2007, Warren Buffett stated that “Mr. Cundill had the kind of credentials he is looking for in his search for Berkshire Hathaway’s next chief investment officer.”
Peter was chairman emeritus of Mackenzie Cundill. After positions at Greenshields Inc. in Montreal and the Yorkshire Group in Vancouver, Peter became president of AGF Vancouver Investment Management Ltd., a position he held from 1972 to 1975. The All-Canadian Venture Fund was formed in 1967. In 1975, Vanan Financial Management Ltd. took over management of this fund. He was a partner in the company and in April 1977, the fund was renamed the Cundill Value Fund. In 1977, Peter founded his own firm, Peter Cundill & Associates Ltd. (PCA). In 1998, PCA entered into a strategic partnership with Mackenzie Financial Corporation to serve the needs of Canadian mutual fund shareholders. Throughout his career, Peter earned many distinctions. In December 2001, he was presented with the Analysts’ Choice Career Achievement Award as the greatest mutual fund manager of all time.
Read more at: http://www.aspeninstitute.org/about/peter-cundill
Below are a few links to learn more about Mr. Cundill:
– Mr. Cundill lectured at the Richard Ivey School in 2005. Watch the video here.
– This site claims to have the last interview with Peter Cundill.
– Mr. Cundill’s obituary.
