JUN 6, 2026
THE BILL CARA FIDUCIARY PROTOCOL Gate One: Quality
Every name considered for a Bill Cara portfolio must pass through four gates, in order. Gate One asks whether the company is a high-quality business. Gate Two asks whether the timing is…
Recent Posts
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A Patient Investor's Briefing
Week Ending Friday, May 29, 2026
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Timing Is Everything
My Abercrombie & Fitch story, and why even good companies can be bad stocks
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The Portfolio Discipline That Cost Me — and the Quality Trap It Exposed
A working note on the DECK trade, the Four-Gate Defense, and why NKE no longer belongs in the Quality 50
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Understanding the Age of Austerity
The Gemini team discusses Bill Cara's 'Market Regime Analysis'
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Market Regime Analysis
Navigating the “Age of Austerity” — 2020 to 2026, and Beyond
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A Request of Paid Subscribers
May 22, 2026
Five decades. No conflicts.
A career built at the highest levels of institutional finance — now entirely in the service of individual investors.
- Chartered Accountant and Certified Management Accountant, KPMG & PwC Canada — public accounting and securities advisory at the national level.
- Dominion Securities & Dean Witter Canada — senior positions in Canadian capital markets.
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- Retired June 2024 — now publishing full-time from Toronto, Canada.
Bill Cara began publishing at billcara.com in April 2004, building one of the longest-running independent market intelligence platforms in the world. His work has been recognized by Forbes and cited by major financial publications. His readers span institutional professionals, portfolio managers, and individual investors across 100+ countries.
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