

Frank Byrd, CFA
- Dec 27, 2016
Do you have FOBAS?
Amen of the Week “We create restaurant owners, not waiters… If you’re a restaurant owner, and a new restaurant opens across the street serving the same food, how do you feel? You feel like someone is putting your livelihood at risk, threatening you, threatening your family. It’s personal because the restaurant is your dream. But if you are a waiter, and a new restaurant opens across the street, how do you feel? At best, indifferent. Actually, there’s now competition for your