|We are a fundamental-research, employee-owned investment firm. We invest
using a thorough in-house research process - free from sell-side
research and the herd mentality. Our thinking is independent of the
investment community and our opinions often differ greatly from the
Because we are not engaged in investment banking, brokerage and prop trading (nostro activities), we have no conflicts of interest to cloud our judgment. Ours is truly an independent investment firm.
|Based on our independent research, we make investments where there is
significant under-valuation or where there are realistic and meaningful
opportunities for growth at reasonable prices. Our main focus is on
small-cap companies because we believe that market inefficiencies often
occur in the valuation of small, harder to find, and lesser-known
Our investment philosophy, based on independent thinking and a record of strong performance, has built Forest into a firm that has grown primarily through referrals.