Ann: Monthly Performance Report - June 2022, page-25

To be fair, what you've posted makes plenty of sense and isn't really up or down ramping. Usually up and down rampers post are littered with obviously unverifiable information, misinformation or excessive emotion. Your posts have been informative and given me ideas on what has gone wrong (because from the outside, all I can see is the performance figures and their write up of mistakes). For the record, I'm here because Forager developed a good track record in their Australian fund until they listed publicly. So I'm interested in why it hasn't worked out since (and then Munger style: invert).

For balance, what are the positives?