These are my periodic letters and reports for clients and the interested.
I have included two email to clients from before I started writing annual letters. My first annual letter is from January 2008 where I pointed out problems with the real estate and financial markets. In 2009, in response to the financial crisis, I started writing more regularly in an effort to help others, and myself, better understand the very different times we are dealing with due to the 2008 financial crash, major demographic shifts and developing resource scarcity. In general, I write a quarterly letter, but will add a special letter or report from time to time.
You can follow me on MarketWatch.com of the Wall Street Journal network for more of my ongoing thoughts.