Value Investing

Building Bridges

“Education is all a matter of building bridges.” – Ralph Ellison Many of you want to become better investors but are not sure where to begin.  I have read many books on investing and have determined that the following five, when read sequentially, do an excellent job of introducing and then developing value investing skills.  … » Continue Reading

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