May 10, 2020
Julien B. Booth
I hope this note finds you safe.
Happy Mother's Day 2020. In a world gone mad, Mothers are the constant that model kindness, integrity, and immeasurable unselfishness. Thank you.
The world is going over the waterfall of change. We...
April 29, 2020
The original article can be found here.
A healthy currency must reflect our relationship with nature.
Two trillion dollars is the estimated cost of the fiscal stimulus bill that was passed this week by the US senate. Over the past two weeks, government...
April 13, 2020
I hope this notes finds you safe and healthy.
The below note is my attempt to summarize what has happened to the bond+income markets over the past 5+ weeks.
What has happened…
COVID-19 has morphed from Healthcare to Financial to outr...
March 14, 2020
Per the note from Monday (below)...Thursday brought the real panic in "safe assets" like bonds, preferreds, real estate and Gold.
The pace of the recent stock market declines rivals the1987 crash...and we are now seeing how th...
March 9, 2020
We are seeing a rapid re-pricing of risk assets over the past 3+ weeks. Quick notes:
1. This is not a 2008 systematic meltdown.
2. Computer algorithms now run markets - therefore it will hurt all listed and exchange traded securiti...
February 11, 2020
I hope this note finds you doing well.
If you have not seen our Growth news please see: https://www.forestcapital.net/single-post/2020/01/30/Adolescence-to-Adulthood
Investing Rule 1: Preservation of Capital
Investing Rule 2...
January 30, 2020
Roughly sixteen years ago I set out on a wonderful adventure - to start my own company. Kelly and I had recently had Nora (now age 16) and moved to Concord so that Kelly could be close to home and her work at Northeast Hospital. Thank...
January 10, 2020
Happy New Year:
I hope you are doing well.
For the past few months I have been troubled with the destruction of finance (as I knew it). The actions of the Central Banks have changed the rules of the game in the entirety.
Once upon a time, a real, risk f...
December 19, 2019
Merry Christmas, and Happy upcoming Hanukkah.
A quick look back-
2018 Christmas, the stock market was crashing due to strong US GDP/economic growth (i.e. interest rates were rising).
2019 Christmas, the stock market is booming because GDP growth i...
December 3, 2019
I hope you had a wonderful Thanksgiving holiday.
The financial markets have changed tremendously since my industry entry in the mid 1990's. While access to information has improved 100x, understanding of valuation and...
Two trillion dollars is the estimated cost of the...
A Cure for the Money Virus
June 12, 2019
Mother's Day 2020 ++
Bond Market - Post Mortem notes
Quick Notes - Ides of March
Quick Notes - Mania to Panic
Adolescence to Adulthood
When Math Mattered - Part Deux Amended
When Math Mattered