Hello Athletes, Agents, Parents, Trainers & others,

Welcome to the June edition of the Value Partners Sports & Entertainment newsletter! As we step into the vibrant summer season, this month’s issue is sprinkled with some interesting info & insightful stories for your leisure reading (hopefully by a pool, near a golf course, or with a rod in the water).

The next few months are an excellent time to review your investment portfolio, insurance coverage and realign your budget / financial plan for the upcoming season. Like anything, if you put in the work NOW you’re future self will thank you. We’re here to help so don’t hesitate to reach out, there is no such thing as a dumb question !

In this Issue:

• 34 WHL Players Taken in 2024 NHL Draft
• How the NHL has Evolved Through the Use of Data
• Gambling vs. Investing
• Mike Modano – Letter to My Younger Self
• Top 10 Athletes (When it Comes to Money Management)
• Diversify to Own the World’s Best

Congratulations to the players & families who were selected in the 2024 NHL Draft in Las Vegas – such an incredible accomplishment and another core memory in your hockey journey. For those not selected – even more reason to dig deep and continue working hard this off-season, it’s a long road and no accolades can replace a winning mindset & work ethic !

Image Source: theScore.com

How the NHL has Evolved Through the Use of Data

In lieu of the recent NHL Draft, we thought it would be an appropriate time to pull back the curtain and dive into the world of analytics; hate it or love it, it’s becoming a bigger part of the game every year !



Are You Investing or Gambling?

Keeping with the Las Vegas theme for this edition, we wanted to share the profound difference between Gambling & Investing.

The longer you gamble, the worst your odds are of making money.

The longer you invest, the better your odds are of making money.

It’s that simple. Using the example above you can see that when you have time on your side, and a sound investment strategy (not based on dressing room advice aka “gambling”), the odds are overwhelmingly in your favour !

Mike Modano – A Letter to My Younger Self

We found this article really insightful; one of the best players & Hall of Famer takes you for a ride down memory lane reminiscing on his earlier playing days with the wisdom and perspective only hindsight can provide. A good reminder of what will stick with you well beyond your playing days !

7 Personal Finance Lessons to Learn from Pro Athletes

This write up has a wide range of personalities from Shaquille O’Neal (aka DJ Diesel) to Danica Patrick; but each shares a useful tip based on their experience. Nothing mind blowing, but serves as a good reminder to keep you all on the right path.

*Yes you read that correctly, Shaq is now a DJ; the guy can do it all

Diversification vs. Diworsification

What is Diversification?

Diversification means spreading your investments across various types of assets and industries. This could include stocks in multiple sectors (like technology, healthcare, and energy), bonds, mutual funds, real estate, and even international companies. The idea is to have a variety of investments that are likely to react differently to the same economic event.

Diversification is a key strategy in investing, often summed up by the saying, “Don’t put all your eggs in one basket.” It doesn’t just reduce risk, it is also a strategy to look beyond North America so you can own some of the world’s best businesses others often overlook.

What is Diworsification?

Also known as “Over-diversification” of an investment portfolio in such a way that it may actually harm the portfolio’s performance, rather than enhance its return or reduce its risk. This often occurs when investors add too many investments to their portfolio, especially those that do not add meaningful diversification benefits.

Below are a few examples of World Leading businesses outside of North America that are in our Global Equity mandate to ensure you’re portfolio is adequately diversified beyond North America. We will dive deeper in another edition to explain what makes these businesses great.

We understand you have a lot on your plate, so please feel free to reach out if you are curious or concerned about growing & protecting your wealth efficiently. Financial stress does not allow you to achieve your full potential, we are here to help.

Matt Ferraro

Kurt Jory

Gregg Filmon

Brendan Labossiere