June 4, 2020

February 11, 2020

January 30, 2020

Please reload

Recent Posts

In Leiu of Yield, Risk.

July 8, 2020

1/4
Please reload

Featured Posts

Fantastic Earnings - Goldmoney Inc.

June 29, 2020

Good Morning:

 

I hope this note finds you doing well.  

 

Goldmoney.com is our single largest equity holding.  For some time we have answered many questions on our intention for this position.  The latest quarter, and coming years will depict, in spades, our intent.

Investing, by definition, is the deferral of capital today for the expected return of capital in the future. 

I am not sure the world understands this concept in the Instant Space analytics of the mobile phone.  Impatience is not a strong enough word.

 

Needless to say, the performance of Goldmoney Inc. has been fantastic.  Revenue growth +63%, and +80% growth profit for year ended March 31, 2020.  Note: Gold has performed far better since March 31. 

 

Attached is a link to the annual letter.    https://www.goldmoney.com/images/media/Files/Docs/IR/shareholder-letter-fy2020.pdf

 

Please take a moment to understand this letter.  Goldmoney has built a durable company in the most challenging of times.  We cherish durability.  

 

Thank you for your interest in Forest Capital - BRC Wealth Management.

 

I am grateful to work for Good People.

 

JBB

Share on Facebook
Share on Twitter
Please reload

Please reload

Archive

NEWS

Julien B. Booth

Principal & Portfolio Manager

jbooth@forestcapital.net

Dana Christner

Operations Manager

dchristner@forestcapital.net

 

© 2019 Forest Capital, Corp. - All Rights Reserved

300 McGill Avenue NW

Concord, NC 28027

(704) 750-8000

2400 CrownPoint Executive Drive, Suite 200

Charlotte, NC 28227

(704) 847-0101

(704) 849-0535

Disclosures:

Privacy: