Terry Gervais, 65
Several positions in the futures market. He's short on Japanese bonds and long on natural gas.
Self-employed in a party and tent-rental company, he spent more than three decades as the owner of a successful catering company.
How he invests
Mr. Gervais has traded stocks since a teenager. "My first large win put me through first-year university," he reports. It was in Mississauga-based Steadman Industries, a maker of a "universal retainer to hold cargo containers on trucks, trains and boats." He is now more of a futures trader, playing commodity trends in his own account. Mr. Gervais also has a managed account with Toronto-based Blackheath Fund Management Inc., Mr. Gervais has found during his four decades of investing that "the best investments ... have been to go short a commodity that seems to have risen to an unsupportable height."
His first big score came in 1976. "I felt that coffee was trading too high at $3 a pound. Over the next month, I was able to make $100,000 playing coffee from the short side, as it fell." It can be a real gamble. "One needs nerves of steel - or stubbornness." The stress can sometimes be too much. After his coffee trade, he lost all the gains on other commodities. "I must take breaks, where I will walk away for a half year or so."
Shorting Japan's Nikkei stock index when it was above 30,000 in the early 1990s.
His short on now-rallying Japanese government bonds.
"My advice is to deal with an adviser to start."
Want to share your strategies?
© 2007 The Globe and Mail. All rights reserved.
Only GlobeinvestorGOLD combines the strength of powerful investing tools with the insight of The Globe and Mail.
Discover a wealth of investment information and and exclusive features.