
Frank Byrd, CFA
- Jan 22, 2016
Three Fools
Amen of the Week “I don’t subscribe much to any of these fancy investing theories… I believe the folks who’ve done the best with Wal-Mart stock are those who have studied the company, who have understood our strengths and our management approach, and who, like me, have just decided to invest with us for the long run… As long as we’re managing our company well, as long as we take care of our people and our customers, keep our eye on those fundamentals, we are going to be succe

Frank Byrd, CFA
- Jan 15, 2016
Lest We Forget
Amen of the Week “Stock prices will always be far more volatile than cash-equivalent holdings. Over the long term, however, currency-denominated instruments are riskier investments – far riskier investments – than widely-diversified stock portfolios that are bought over time and that are owned in a manner invoking only token fees and commissions. That lesson has not customarily been taught in business schools, where volatility is almost universally used as a proxy for risk. T

Frank Byrd, CFA
- Jan 7, 2016
The Biggest Myth
Amen of the Week "Of course, my wife hates that I read for more than three hours almost every day, but it gives me a level of comfort and confidence in my business. AtMicroSolutions it gave me a huge advantage. A guy with minimal computer background could compete with far more experienced guys just because he puts in the same time to learn all he could." - Mark Cuban, founder of MicroSolutions
(and owner of the Dallas Mavericks)
How to Win at the Spo