

Santa's Flawed Business Model
Worth a smile and a toast on Christmas ... On behalf of Fielder's team, may I propose this holiday toast to all our Friends in the Field:...
Frank Byrd, CFA
Dec 24, 2015


The Best Democracy
Amen of the Week: “By the late 1970’s, Mesa often took sizable stock positions in other oil companies. We would sometimes suggest to...
Frank Byrd, CFA
Dec 10, 2015


Starbucks Should Not Exist
“Valuing personal connections at a time when so many people sit alone in front of screens; aspiring to build human relationships in an...
Frank Byrd, CFA
Nov 20, 2015


Sensibly Absurd
Amen of the Week: “Ideas are commodity. Execution of them is not.” - Michael Dell, Dell founder Life is so weird. Consider the...
Frank Byrd, CFA
Oct 29, 2015


End Financial Repression Now
Amen of the Week: "If it don't make dollars it don't make sense." - Chris Brown and Tyga - Ayo End the repression now! The Fed’s zero...
Frank Byrd, CFA
Oct 15, 2015


My Biggest Mistake
Amen of the Week: "While I classify myself as a contrarian by nature, I always make sure I have plenty of conventional, hard analytical...
Frank Byrd, CFA
Oct 1, 2015


My Singapore Sling
Amen of the Week: “America is not on the decline… Why do I believe in the long-term success of the US?… Every year, thousands of bright...
Frank Byrd, CFA
Sep 16, 2015


An Ode to Enterprise-A-Car
Amen of the Week: “The people who are the most successful are the ones who listen most closely to the customer. We follow the two ears,...
Frank Byrd, CFA
Sep 10, 2015


Are you in a Financial Cult?
Amen of the Week: “The great enemy of the truth is very often not the lie -- deliberate, contrived and dishonest -- but the myth --...
Frank Byrd, CFA
Sep 3, 2015


A Dangerous "Diversification"?
Amen of the Week: Twelve years ago I attended a dinner meeting where Warren Buffett spoke to investors. He said something that still...
Frank Byrd, CFA
Aug 27, 2015

