Santa's Flawed Business Model

December 24, 2015

Worth a smile and a toast on Christmas ...


On behalf of Fielder's team, may I propose this holiday toast to all our Friends in the Field:


May 2016 bring us ...


       Less online distraction,


       More human interaction,


       Fewer needless cravings,


       and heaven please ...


       Some interest on our savings!


Happy Holidays to all!




Frank Byrd, CFA




While the information presented herein is believed to be accurate, Fielder Capital Group LLC (Fielder) makes no express warranty as to the completeness or accuracy, nor can it accept responsibility for errors appearing in the document. Fielder is under no obligation to notify you of any errors discovered later or of any subsequent changes in opinions. Nothing herein should be construed as a recommendation to buy or sell any of these securities.  It should not be assumed that any of the securities, transactions, or holdings discussed will prove to be profitable in the future or that investment recommendations or decisions Fielder makes in the future will be profitable or will equal the investment performance of the securities discussed herein. Fielder or its employees may have an economic interest in securities mentioned herein. This information is intended only for the recipient of this email.  Under no circumstances should this report be shared with or forwarded to anyone else without the express permission of Fielder. 



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