Phi "fee" Research publishes high-quality, independent and impartial financial research.

Our core area of focus is in Canadian Small-Mid cap corporations, however our philosophy does not provide any restraints for the scope of our work.

In contrast to institutional research, Phi offers a product that is not based upon promotion, but rather upon quality ideas that are worth sharing. We are funded by our own investment decisions, leaving no room for bias or the encroachment of external agendas.

Investment Philosophy

We view a quality investment thesis as one which combats the status quo. The greatest investments are those which others did not initially share your perspective on. Our goal is to find companies who are either greatly underappreciated or overvalued and to create a strong thesis surrounding their future share performance. A position will only be closed after a set of events leaves our thesis void, or once the market reflects our perspectives in share prices.