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Thomas S. Caldwell, C.M.

You passionately speak about the importance of spirit in our business. Would you elaborate?

Posted: January 28, 2020
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A transcript of this episode is available below, modified for a more enjoyable reading experience. For more posts exploring the ideas we talk about in the episode, check out our Related Reads links.

Your Host
Thomas Caldwell
Thomas S. Caldwell, C.M.

Chairman & Founder, Director

Thomas S. Caldwell graduated from McGill University in 1965, and has been actively involved in the investment industry since that time.
Mr. Caldwell is Chairman of Caldwell Investment Management Ltd., an organization founded in 1990. Caldwell Investment Management Ltd. is a diversified investment company providing investment management to a broad spectrum of investors throughout Canada.
In 2014, Mr. Caldwell was inducted into the IIAC Investment Industry Hall of Fame.
Mr. Caldwell is CEO and a Director of Urbana Corporation, a publicly traded investment company and Chairman of the Canadian Securities Exchange (“CSE”), “The Exchange for Entrepreneurs”. He also serves on the Board of the Conference of Defence Associations Institute in Ottawa. Mr. Caldwell was appointed Honorary Lieutenant-Colonel of The Lincoln and Welland Regiment in January 2014.
Mr. Caldwell is a past Governor of the Toronto Stock Exchange and one of the leading experts in capital markets, particularly in trading environments. He is recognized as one of the world’s foremost investors in securities exchanges. Mr. Caldwell manages the investment pools he is responsible for on a value/strategic overview basis.
Caldwell Investment Management Ltd. and its affiliates were the second-largest owners of the New York Stock Exchange prior to the NYSE’s demutualization.
Mr. Caldwell has, through his career, been actively involved in addressing social and community needs.
He was awarded Her Majesty’s Golden Jubilee Medal in 2002 for his activities on behalf of Canadian Veterans. In 2003 he was appointed a Member of the Order of Canada for his work in assisting those in need as well as contributing to institutions working to better the lives of others. In 2012, he received Her Majesty’s Diamond Jubilee for his efforts on behalf of the disadvantaged.
Mr. Caldwell and his wife Dorothy have been married since 1966 and have two sons, Brendan and Theo, and four grandchildren.

00:07 I think it's also true in life and I'm not talking about anything ethereal when I say spirit that's how you feel about yourself and you see people that have lost their spirit they've lost their hope they've lost their confidence in themselves. And remember your spirit that is this this drive this confidence the self-esteem is fueled by what you do and what you don't do.
00:30 It can be fueled by little accomplishments they don't have to be climbing a mountain type of thing but achieving goals that you've set for yourself and whatever those goals happen to be if you don't do the do things the things that are necessary to move forward in life it's highly destructive to our own self a street esteem confidence and their spirit spirit to me is having a vision and then getting on with it. And as a result how we feel about ourselves in moving forward.
01:02 So that spirit is very important. I've gone through difficult times in my life and it's so important to keep your spirit or spirits up during those periods.