Amen of the Week “If the freedom of speech is taken away, then dumb and silent we may be led, like sheep to the slaughter.” - George Washington Happy President’s Day! We recently published Fielder’s latest investor letter: "The Best Defense". Here are a few excerpts ... “Welcome to another bear market… The Russell 2000 (the small cap index) and the MSCI EAFE (international index) have both fallen by over 20% since July… I’m not losing sleep over the fact that we’re in a bear market. Ugly markets are nothing new to me. During the market declines in 1990, 1997, 2000, and even 2008, I felt a cleansing – as if lower prices were wiping out the excesses and creating some compelling bu
Amen of the Week “Before I cofounded Whole Foods Market, I attended two universities … I only took classes I was interested in … I never took a single business class … (T)he progressive political philosophy I believed in had taught me that both business and capitalism were fundamentally based on greed, selfishness, and exploitation … of consumers, workers, society, and the environment for the goal of maximizing profits… In contrast to evil corporations, I believed that nonprofit organizations and government were “good,” because they altruistically worked for the public interest, not for profit…. Becoming an entrepreneur and starting a business completely changed my life. Almost everything I
