Readers of our client letters and our Taylor Frigon blog know that in the past, we have highlighted some examples of businesses which we believe fit the definition of a Taylor Frigon growth company. These short vignettes outline the business model of the company and give a brief overview of our investment thesis for the business. They typically...
Monday, July 18, 2011
Debt doom-and-gloomsayers
The headlines these days are thick with fearmongering over impending debt crises.In the US, politicians from both sides of the aisle declare in stentorian tones that a failure to raise the debt ceiling (or, in some cases, a decision to raise the debt ceiling) will put the US Treasury in danger of default. Credit agencies are threatening to downgrade...
Tuesday, July 12, 2011
Tax loopholes and corporate jets
It seems like everyone is talking about "tax loopholes" these days, on both sides of the aisle, with President Obama making accelerated depreciation of corporate jets into a symbol of everything that he believes is wrong with such "loopholes."In the CNBC clip above, Dan Hubbard of the National Business Aviation Association notes that in a recent speech...
Friday, July 08, 2011
Steve Forbes asks, "Why is Greece such a basket case?"
American businessman and champion of economic freedom Steve Forbes has written an important article entitled "For Whom the Greek Bell Tolls." It should be required reading for all investors.Mr. Forbes brings up many excellent points, some of which we have emphasized previously in this blog, such as the importance of pro-growth policies rather than...
Tuesday, July 05, 2011
A perspective on the overvalued / undervalued debate
Here is a link to an article from economist Scott Grannis, who writes the very insightful Calafia Beach Pundit blog.In it, he adds to his ongoing argument that equities are not currently overvalued, using evidence including the forward earnings ratio of the S&P 500, which has been higher than corporate bond yields for the past year.The earnings...
Friday, July 01, 2011
Happy 4th of July!
We at Taylor Frigon Capital Management would like to wish all our readers a very happy Independence Day this 4th of July.We extend these wishes to readers who are not in the US as well, since we believe that the truths articulated in the Declaration of Independence on July 4, 1776 are universal human truths belonging to everyone by virtue of being...
