Pricing Risk: S&P 500 -4.6% vs. Forest Capital
By Julien B. Booth
December 10, 2018
I hope this note finds you doing well.
For the past 3+ months, we have attempted to communicate our belief of increasing risk in the stock market. We are often wrong for some period of time.
Time has a way of curing forecasts. Our underlying intent is to 1. Protect Capital and 2. Attempt to educate investors on the biggest risk to most investors, behavioral tendencies (buying high, selling low).
I will avoid pontificating on our investment policy; all notes are here: https://www.brcwm.com/recent-notes/
Warren Buffett is famous for saying: “You only find out who is swimming naked when the tide goes out.” April 2009
I have never shared our real-time scorecard – but it shows what we were wearing last week.
Note: Total Return portfolios only – bond only accounts are not included.
Not Intended as Investment Advice. Individual client situations will vary.
Thank you for your interest in Forest Capital and Sixty Guilders Research.
Julien B. Booth
Forest Capital Corp.