Charles Brandes Sees The Value In Sticking To His Hunch And Russia

Charles Brandes Sees The Value In Sticking To His Hunch And Russia via Boyd Erman, The Globe And Mail

Charles Brandes and Canada go a long way back. The famous money manager’s first client was a Canadian who wintered in California, near Mr. Brandes’s headquarters in San Diego.

Back then, Charles Brandes was not a billionaire investor with his name on a fund company that runs $30-billion (U.S.) in assets, jetting into Toronto for meetings and to speak at a high-profile dinner.

He was just getting started in the business of running money, and his first client was a Vancouver lumberman who spent time south of the border.

Since then, Mr. Brandes has spent a lot of time in Canada. He has run...