

Question Everything
Given how many experts misjudged the Trump surprise, I thought these recent words from Amazon founder Jeff Bezos were particularly...
fbyrd9
Nov 11, 2016


Et tu, Buffett?
Last week I gave a lecture to Columbia's Student Investment Management Association at Columbia Business School. The topic: Why is Warren...
Frank Byrd, CFA
Oct 11, 2016


How can this be? A Quiz
Amen of the Week: “If there is a silver lining to bad times, it is this: When facing severe challenges, your mind normally is at its...
Frank Byrd, CFA
Sep 9, 2016


The Dumbest Thing?
Amen of the Week: “It became very clear to me sitting out there today, that every decision I've ever made, in my entire life, has been...
Frank Byrd, CFA
Aug 19, 2016


Netflix Should Not Exist
Amen of the Week: “When there’s an ache, you want to be like aspirin, not vitamins. Aspirin solves a very particular problem someone has,...
Frank Byrd, CFA
Jul 29, 2016


Brexit - On the bright side ...
Amen of the Week: “Every single one of the premises on which we ran our company was wrong: centralized marketing, massive centralization...
Frank Byrd, CFA
Jul 7, 2016


John Oliver's Righteous Rant
Amen of the week: “The myth that profit maximization is the sole purpose of business has done enormous damage to the reputation of...
Frank Byrd, CFA
Jun 22, 2016


Is Chipotle Special?
Amen of the week: “So many people told me it was not a good idea to start a restaurant, especially a fast-food restaurant. There was so...
Frank Byrd, CFA
May 27, 2016


Buffett on our kids' future
Most of my clients in the early 1990s thought the world was ending. I had just arrived at Merrill Lynch fresh out of college, just as...
Frank Byrd, CFA
May 12, 2016


A Neat Trick (while it lasts)
Amen of the Week: “You have to say no to your friends to say yes to your work… What are you going to do … lose that idea because you...
Frank Byrd, CFA
Apr 29, 2016