The inaugural Booth-Laird Equity Conference hosted by LSU’s E.J. Ourso College of Business and Department of Finance was held on April 12, 2013 at the new LSU Business Education Complex. At the conference, Jonathan Booth, CEO of Booth-Laird Investment Partnership, closed the conference by presenting his best investment idea at the time – Volkswagen via … » Continue Reading
Booth-Laird Presentation on Volkswagen & Porsche at 2013 Booth-Laird Equity Conference hosted by LSU
Management has the ADDvantage
How do you determine that the fundamentals of an investment have changed and it is time to move on regardless of whether or not you have lost money on the investment to date? That is a question we faced recently with one of our investments – ADDvantage Technology (AEY). We were given reason to believe … » Continue Reading
Apple: What Most People Are Missing
Note: This blog post was originally written on December 30, 2012 when the stock was trading for $510, prior to a two day run up in the stock. While the stock is not as inexpensive at the moment, the thesis still holds true. We all know the legend of Steve Jobs and Apple’s history … » Continue Reading
Booth-Laird 2012 Annual Meeting Presentation Slide-Deck
The Booth-Laird Investment Partnership 2012 Annual Meeting was recently held on July 21, 2012 at the Renaissance Hotel in Baton Rouge. We had a great turnout for the event. Kevin and I opened the meeting with an hour long presentation before opening the floor up to questions. In our prepared remarks, we provided an update … » Continue Reading
An Unappreciated Consumer Creates Investment Opportunity
I recently penned an article that appeared in the winter 2011 issue of Accredited Members Magazine, a national magazine that caters to high net worth individuals. The article discusses a class of consumer usually overlooked by the investment community, thereby creating an opportunity to buy some well-run but obscure companies. Click on the link below … » Continue Reading
Collective Brands – Opportunity Afforded by Myopic Market
SUMMARY Collective Brands (PSS) is a major player in the footwear and accessories market and owns such brands as Payless ShoeSource, Saucony, Sperry Top-Sider, Stride-Rite, and Keds. Each of PSS’s brands serves a targeted market and serves those markets well. The company’s primary target consumer is lower income but still fashion conscious consumers. Overall, PSS … » Continue Reading
Unbanked and Underbanked Community Opportunity
One segment of society that I think is misunderstood is the unbanked and underbanked community. Specifically, there seems to exist the perception that anyone offering any kind of financing to this community is somehow taking advantage of it. While that may be true in some instances, that is certainly not the case for the publicly … » Continue Reading
Why Horizon Lines Should Declare Bankruptcy
The term “bankruptcy” conjures bad feelings for most companies. However, there is a reason chapter 11 of the bankruptcy code exists, which is for reorganization instead of liquidation. Sometimes it is in the company’s best interest to declare chapter 11 bankruptcy to ensure long-term success. Of course, the rather unfortunate impact is the current stockholders … » Continue Reading
Intermodal Transportation Opportunity
Intermodal Industry Intermodal transportation is the use of multiple forms of transportation (i.e., combining trucking and rail) to move the same container of freight. Intermodal is a better alternative in many cases to pure trucking because it includes rail, which is cheaper than pure trucking, while also retaining the local trucking necessary to get the … » Continue Reading
Title Insurance – Great for Your New Home and Your Stock Portfolio
As we all know, the mortgage crisis and recent recession has resulted in a significant downturn in the housing market that still does not seem to be firmly on the path to recovery. Naturally, the industries most closely related to the housing market have also seen their results suffer and stock prices drop as a … » Continue Reading
