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 semi-annual letters in January and just before Independence Day July 4th, but will add a special letter or report from time to time.
You can follow me in the media from the links on the front page for more of my ongoing thoughts.