Business Philosophy

Philosophical Underpinnings from 2011 Booth-Laird Annual Letter to Investors

We recently completed and sent to our investors the 2011 Annual Letter.  Below are three excerpts from the letter that discuss key philosophical underpinnings of how we run the Partnership and think about investing. Excerpt 1: Thoughts on Cash   In July, we sent you an e-mail entitled “Mid-Year Update.”  We now follow up on three … » Continue Reading