Jonathan Booth

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ABOUT

Jonathan co-founded Booth-Laird Enterprises, LLC in 2007 and serves as the company’s chief executive officer. He is primarily responsible for structuring and overseeing the company’s vision of wealth creation via value-decision making, setting an appropriate culture, and overseeing the company’s investments.

Jonathan is a Chartered Financial Analyst and a Certified Public Accountant. He was awarded the 2006 Elijah Watt Sells award for scoring one of the 10 highest scores in the nation on the 2006 CPA exam. He also passed all three levels of the CFA exam on his first attempt. In addition, he was awarded the 2008 “Top 40 Under Forty” award from the Greater Baton Rouge Business Report, which is given annually to ...More the forty men and women under the age of forty who have earned the most personal and professional achievements or made the most significant impact in the Greater Baton Rouge area.

He worked for three years as an auditor with Ernst & Young, LLP and KPMG, LLP, two of the four largest accounting firms in the world. At both firms, he was rated “exceptional performer” every year and was entrusted with responsibilities above his level within months of starting with each firm. He audited both public and private companies in a variety of industries, including acting as the lead audit senior on a Fortune 500 company. He was regularly assigned the most complex accounting issues and the most challenging audit areas. As a result of his experience, he has developed an astute understanding of risk management, team management, optimal business processes, effective corporate governance practices, and various industries and business models.

While at KPMG, he served as the only South Louisiana member on the KPMG Point-of-View group, an internal group of highly rated employees across the United States focused on strategic initiatives and determining best practices.

Subsequent to KPMG, he worked for a year in Governor Bobby Jindal’s administration as the Assistant Director of State Economic Competitiveness, a subgroup of the Department of Economic Development charged with helping to shape the State’s economic policy in addition to various other tasks. Among a number of other significant projects, he helped craft the department-wide business plan for Fiscal Year 2009-2010, which further developed his strategic planning capabilities. He also met with representatives of the business community to help resolve issues or to hear proposals, which gave him further insight into various industries and business models.

Jonathan earned a bachelor’s of science in accounting from Louisiana State University, graduating summa cum laude, and earned a master of science in accounting from Louisiana State University, graduating top of his class with a perfect 4.0 GPA.

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Description: Hedge fund manager. Trading frequency: Weekly
Interests: Bonds, Stocks - long

COMPANY

Ph. Number:: 225-767-1439

Email:: jonathan.booth@boothlaird.com

Location:: LA; USA

URL:: http://www.boothlaird.com

Booth-Laird Investment Partnership The Booth-Laird Investment Partnership, formed in 2008 by Jonathan Booth and Kevin Laird, is registered with the Securities Exchange Commission and pools investors’ money to invest as a single portfolio. We are focused on long-term capital growth through in-depth research, disciplined investing, and strong ...More

relationships with business ventures once an investment is made. We personally research all potential investments and spend a significant amount of time doing so before espousing a stock or a business venture. We also adhere rigidly to the partnership’s investing principles. Finally, consistent with our hands-on management, we strive to build lasting relationships with both the partnership’s investors and the management of the companies deemed worthy of investment. All three aspects of this approach are proven requisites for long-term success. We focus on identifying securities that are misunderstood, obscure, or mispriced due to uncertainty or fear, conduct significant due diligence to determine if those obstacles can be overcome. Only when we determine that the investment is reasonable and has potential for growth, and that we can invest at a meaningful discount to our internally determined valuation, do we commit. The best and most reliable way to earn large returns over time is to find stocks that are out of favor or are unknown because those stocks likely will have the lowest prices relative to their valuations. This opportunity exists because the vast majority of investors are short-term focused, hate uncertainty, and tend to move with the crowd. We are the exact opposite. Our research affords us confidence in our conclusions regarding an investment. As a result, we can more easily maintain the patience and conviction necessary to realize material long-term results. Patience and conviction allow us to buy when others panic and to sell when others become greedy. To further maximize our return, we maintain a concentrated portfolio comprised of 10-20 positions. Focusing on fewer investments allows us to know more about each investment. We can more easily keep track of and intimately understand 10-20 stocks than we can 50 stocks. Further, we try to develop and maintain relationships with companies in which we invest, particularly the smaller stocks, staying on top of publically-released information as it comes out. Naturally, the better we understand an investment and its management, the more accurately we can determine its valuation, allowing us to allocate more capital to the best investments.

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