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Artwork for Art of Boring
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Listen as Mawer Investment Management Ltd. takes a deeper dive into the investment philosophy and strategies that have helped put the odds in their clients' favour for over 50 years.

PublishesWeeklyEpisodes224Founded8 years ago
Number of ListenersCategories
InvestingBusinessManagement

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Artwork for Art of Boring

Latest Episodes

Memory has been one of the strongest corners of the semiconductor industry, and strong returns invite hard questions. In the second part of this series, equity analyst Shan Rui Yeo examines the main risks to the memory thesis: rising competition from... more

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One of the defining market stories of the past 12 months has not been AI chips that compute, but the chips that remember. Equity analyst Shan Rui Yeo explains how memory works, from DRAM and NAND to high bandwidth memory, and how an industry that des... more

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Canada has spent a generation underinvesting in the infrastructure and resources that underpin its economy, and that may be starting to change. Canadian small cap equity analyst Dominic Drzazga examines the Build Canada theme: what it actually means ... more

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Canadian equities gained in the second quarter of 2026 even as the economy tripped the technical definition of a recession and an oil shock sent crude toward $120 before it fell back. Institutional portfolio manager Kevin Minas and investment counsel... more

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Recent Guests

Shan Rui Yeo
Equity analyst focusing on memory, AI, and semiconductor ecosystems
Mawer Investment Management Ltd.
Episode: Memory, Part 1: From Boom-Bust Commodity to AI Bottleneck | EP 223
Dominic Drzazga
Equity Analyst on Canadian Small Cap Strategy
Mawer Investment Management Ltd.
Episode: Investing in the Build Canada Theme | EP 222
Stu Morrow
Investment professional discussed as the guest on the show
Mawer Investment Management Ltd
Episode: Quarterly Update | Q2 2026 | EP 221
Wen Cheong
Emerging markets portfolio manager
Mawer Investment Management
Episode: Emerging Markets: Different Hats, Better Decisions, and Learning Faster | EP 220
Paul Moroz
Portfolio manager
Mawer Investment Management Ltd.
Episode: Global Equity: The Odyssey, the AI Trade, and Concentration Risk | EP 219
Mark Rutherford
Runs the Canadian equity portfolio
Mawer Investment Management
Episode: Looking Under the Hood: Canadian Equity Concentration and Diversification | EP 218
Jeff Moe
Portfolio Manager at Mawer Investment Management
Mawer Investment Management
Episode: U.S. Mid-Cap: The Physical Economy Comeback, Capital Intensity, and Portfolio Positioning | EP 216
Peter Lampert
Head of International Equity at Mawer (guest)
Mawer Investment Management
Episode: International Equity: Finding Quality Opportunities in Today's Market | EP.215
Wen Quan Cheong
Investment expert discussing themes in emerging markets and AI
Mawer Investment Management Ltd.
Episode: Emerging Markets: AI "Picks and Shovels," ROIC, and the Great Supply Chain Reshuffle | EP 210

Hosts

Andrew Mawer
Co-founder and senior figure in investment philosophy; frequently hosts and represents the firm's approach.
Rob Mawer
Key host/voice of the show; leads discussions on investment discipline and portfolio positioning.

Reviews

4.6 out of 5 stars from 114 ratings
  • Helpful advice

    I have been a Mawer investor for about 13 years and their advice is professional and reassuring. Especially helpful information when markets are volatile to understand how their philosophy and strategic planning of their individual portfolios go to mitigate risk and search for opportunities. A superb investment company IMO.

    Apple Podcasts
    5
    Rest of Canada
    Canadaa year ago
  • Masterclass at Mawer

    I have been reading their articles and investing in Mawer for almost 15 years. Their discussions are easy to follow and understand. I highly recommend to anyone especially for new investors on a topic many believe to be too daunting to understand.

    Apple Podcasts
    5
    TPN.8
    Canada3 years ago
  • Abdy

    I love this. It is so easy to follow along especially for someone who doesn’t have a financial background.

    Apple Podcasts
    5
    abdy4
    Canada6 years ago
  • Very informative

    Great presentation and consideration. Fantastic conversation and thoughts. Be Boring. Make Money!

    Apple Podcasts
    5
    Baronialists
    Canada6 years ago
  • So far, it’s the best podcast for investment

    Excellent topic and insightful talk!

    Apple Podcasts
    5
    jeff_yao
    Canada6 years ago

Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

Clear, well-structured investment thinking with practical takeaways.
Consistently high-quality insights from a long-standing investment philosophy.
Audience appreciates accessibility of topics for professional investors.
Strong emphasis on bottom-up analysis and risk discipline.

Chart Rankings

How this podcast ranks in the Apple Podcasts, Spotify and YouTube charts.

Apple Podcasts
#200
Canada/Business/Investing

Talking Points

Recent interactions between the hosts and their guests.

Memory, Part 1: From Boom-Bust Commodity to AI Bottleneck | EP 223
Q: Can you walk us through the different memory types and how they fit into the broader AI and consumer electronics landscape?
DRAM acts as short-term memory with fast access but limited capacity, while NAND provides long-term storage with higher capacity but slower retrieval; AI workloads increasingly rely on high-bandwidth memory (HBM) to accelerate performance, especially in GPUs and AI accelerators.
Emerging Markets: Different Hats, Better Decisions, and Learning Faster | EP 220
Q: What are the big themes you're watching in emerging markets now, especially beyond AI?
He notes a first-principles approach, a belief in long-term structural tailwinds, and a tilt toward high-quality businesses with strong management, while recognizing valuations have shifted and that themes evolve as markets mature, with physical AI and supply-chain reshoring as key areas to monitor.
Emerging Markets: Different Hats, Better Decisions, and Learning Faster | EP 220
Q: How do you balance deferring to a trusted colleague with stepping in to challenge when you see a different view?
Wen emphasizes building understanding of each teammate's strengths, then using that knowledge to set up constructive debates where the best input from the strongest thinker in a given area guides decisions, while still ensuring that critical checks and alternative perspectives are explored.
Balanced Portfolios: A Market Tug of War and the Discipline to Stay Neutral | EP 217
Q: How are you balancing the allure of AI-driven earnings with the need for diversification and risk management?
We evaluate AI opportunities through a valuation lens, trim overextended positions, reinvest in reasonably valued businesses, and ensure the overall portfolio remains diversified to avoid overexposure to a single theme.
Balanced Portfolios: A Market Tug of War and the Discipline to Stay Neutral | EP 217
Q: Has there been a single dominant theme in 2026 so far, and how does it affect our positioning?
Geopolitical tensions and AI investment dominate, prompting a cautious but active stance; the portfolio remains near its 60% equity target with increased international exposure, while we monitor AI valuations and maintain readiness for credit dislocations.

Audience Metrics

Listeners, social reach, demographics and more for this podcast.

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Frequently Asked Questions About Art of Boring

What is Art of Boring about and what kind of topics does it cover?

The show centers on a disciplined, bottom-up investment philosophy applied to real-world markets, with frequent focus on diversification, risk management, and disciplined positioning across asset classes. Conversations blend macro context with stock-level ideas, illustrating how a long-running, evidence-based approach shapes portfolio construction, sector exposures, and situational tweaks in response to evolving markets. Noteworthy is the consistent inclusion of in-house experts and thought leaders from Mawer Investment Management, often paired with guests who illuminate practical investment themes and strategies for professional audiences.

Listeners can expect deep dives into topics like global equities, credit opportunities, energy and r... more

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Art of Boring launched 8 years ago and published 224 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on Art of Boring?

Recent guests on Art of Boring include:

1. Shan Rui Yeo
2. Dominic Drzazga
3. Stu Morrow
4. Wen Cheong
5. Paul Moroz
6. Mark Rutherford
7. Jeff Moe
8. Peter Lampert

To view more recent guests and their details, simply upgrade your Rephonic account. You'll also get access to a typical guest profile to help you decide if the show is worth pitching.

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