
Frank Byrd, CFA
- Feb 15, 2016
Your Best Defense
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’

Frank Byrd, CFA
- Feb 2, 2016
Conscious Capitalism
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 nonpro