Author Archives: Jonathan

Booth-Laird Q2 2019 Newsletter

The Partnership has continued its solid start in 2019. The Partnership’s return, net of fees and expenses, was 12.50% over the last six months. Right after quarter end, we used our remaining cash to invest into a new pillar stock. The Partnership is now 100% invested in stocks and ETFs for the first time in … » Continue Reading

Booth-Laird Q1 2019 Newsletter

After a two year hiatus in which we only shared our quarterly letters with our investors, we have decided to start posting them on the blog again. See attached our Q1 2019 Newsletter, in which we provide an update on the Partnership and also discuss the types of companies we prefer. We discuss “picks and … » Continue Reading

Profile in the Baton Rouge Business Report

The Booth-Laird Investment Partnership was profiled in the Top 100 issue of the Baton Rouge Business Report, which was published on July 18, 2017.  It touches on our approach to the investing process and gets the perspective of a couple of our investors.  See the article in the link below. » Continue Reading

Booth-Laird Q2 2017 Newsletter

Below is our Q2 2017 Newsletter with references to current holdings removed. » Continue Reading

2016 Annual Letter – select excerpts

Below are select excerpts from our 2016 Annual Letter to our investors. » Continue Reading

Booth-Laird Q3 2016 Newsletter

Our Q3 2016 newsletter touches on a more personal topic – woodworking.  It helps to solve the investor need do something pro-active in difficult times, which is often the time a patient investor should do nothing.  It also has parallels to investing. » Continue Reading

Record flooding in Louisiana – look for the helpers

“When I was a boy and I would see scary things in the news, my mother would say to me, ‘Look for the helpers. You will always find people who are helping.'” — Fred Rogers If you were not impacted directly by the flooding in Louisiana and are not close enough to help out, a … » Continue Reading

Booth-Laird Q2 2016 Newsletter

Attached is our second quarter 2016 newsletter, in which we discuss our thoughts on Brexit. » Continue Reading

Booth-Laird Q1 2016 Newsletter

Attached is our first quarter 2016 newsletter, in which we discuss the importance of management in the analysis of a company.  Disney’s COO, Thomas Staggs, was expected to take over as CEO when Bob Iger retired in 2018, but Staggs unexpectedly stepped down last week.  We decided to use that event as the starting point … » Continue Reading

Genworth Update Post Q4 2015

Genworth Financial (GNW) posted Q4 2015 results last week and the market’s reaction was once again irrational.  He wrote an article for Seeking Alpha discussing our thoughts on the earnings release and call here: The article was picked as for Pro Subscribers, so it will be behind a pay wall after an initial 30 … » Continue Reading