Frank Byrd, CFA, CFP®
- Jun 30
The Most Crowded Trade
“Indexing can't work well forever if almost everybody turns to it. But it will work all right for a long time.” ― Charlie Munger (1998)...
Frank Byrd, CFA
- Feb 19
Record Failures of '23
“Every victory is only the price of admission to a more difficult problem” ― Henry Kissinger Markets hit new highs recently now that...
Frank Byrd and Steve Korn
- Nov 19, 2023
Opportunity as Banks Retreat
Banks: The New Public Utilities Following Silicon Valley Bank's failure earlier this year, banks have been less willing to make...
Frank Byrd, CFA, CFP®
- Sep 11, 2023
Financial Repression Explained
"If the origin of the problem was too much debt, how can a policy that encourages the private and public sectors to accumulate more debt...
Frank Byrd, CFA, CFP®
- Apr 19, 2023
Two Choices, One Hope
US government debt now totals $31 trillion, which equates to roughly $240,000 per American household. That's bigger than the average...
Frank Byrd, CFA, CFP®
- Mar 27, 2023
Banks Fail & Markets Go Up?
Markets are actually up following last week’s scary bank runs. Does that mean things are OK? What does this mean for investors? This...
Frank Byrd and Steve Korn
- Jan 23, 2023
Three Pillars for 2023
Last year was an ugly year in markets. How did Fielder do in navigating it for our clients? More importantly, how are we positioning for...
Frank Byrd, CFA, CFP®
- Nov 23, 2022
Low Odds, High Odds
I had the honor to speak at Georgetown recently to a class of finance students. You can watch the highlights in this video . . . A key...
Frank Byrd and Steve Korn
- Nov 9, 2022
Look Who's Buying Gold
"The arithmetic makes it plain that inflation is a far more devastating tax than anything that has been enacted by our legislatures." -...
Frank Byrd and Steve Korn
- Sep 7, 2022
China's People Problem
"The national budget must be balanced. The public debt must be reduced." - Cicero, 55 BC People Problem Looming behind all the...
