The Globe and Mail reports in its Monday edition that McElvaine Investment founder Tim McElvaine believes the next few years will be kind to "deep value" investors like him. The Globe's Brenda Bouw writes that Mr. McElvaine says, "The passive investing trend means investors are concerned with popularity and market cap rather than price, which I think creates a huge advantage for patient investors willing to look beyond the indexes." His $35-million McElvaine Value Fund has 16 holdings, including a mix of small- and large-cap stocks and 13 per cent cash. The fund bought TH International, better known as Tims China, in 2022 and was added to in the past month. The stock is U.S.-traded and is controlled by Restaurant Brands International. "I like that it has the rights for Tim Hortons and Popeyes in China," Mr. McElvaine told The Globe. "I don't worry about the economic risks in China. I think the bigger risks are the competitive environment and expansion execution, but management has done this before developing and expanding the Burger King network in China. The stock is also heavily owned by insiders and has a good balance sheet." Elsewhere, he sold Tourmaline Oil in the summer of 2022, when it was trading close to $80.