This time of year is a favorite for children of all ages – I happen to be
one of these kids – in part because of the television programs that are
shown around Christmas.
A Charlie Brown Christmas, Santa Claus is Coming to Town, Rudolph the Red
Nose Reindeer, and How the Grinch Stole Christmas, have been favorites of
mine since TV went from exclusively black and white to poor quality color.
This is no coincidence as these programs were made in the mid 1960’s.
As I was watching this year, it occurred to me that if at this time in
history Christmas had not yet been established, if somehow Christmas needed
to be “started” in 2009, it wouldn’t stand a chance. Christmas would be
doomed before it ever got started.
First of all, the only time you can say Jesus Christ anymore is when you hit
your thumb with a hammer.
You can’t mention Him at City Hall, you can’t display a crè... (more)
The Employee Meeting
I would like to start by thanking you for attending this meeting, though it's
not like you had much of a choice. After all, attendance was mandatory. I'm
also glad many of you accepted my invitation to your family members to be
here as well. I have a few remarks to make to all of you, and then we'll
retire to the ballroom for a great lunch and some employee awards.
I felt that this meeting was important enough to close all 12 of our tire and
automotive shops today so that you could be here. To reassure you, everybody
is being paid for the day --- except me.
We’re at an important point in the investment markets. This fact was
driven home this morning by an article which appeared in today’s edition of
the Dallas Morning News (Friday March 9).
If you’ll think back with me many, many people were hurt very badly in the
market meltdown of 2008 and 2009. If has been three years ago today exactly
since the investment markets began a recovery. Clients, who have been with
The Barfield Group since 2009 or before, know we invested large amounts of
money ON March 9, 2009. As a result, we have made a tremendous amount of
money in the time sin... (more)
(December 11, 2009) – Greece’s prime minister, George Papandreou, told
reporters in Brussels on Friday that European Central Bank President
Jean-Claude Trichet and Luxembourg Prime Minister Jean-Claude Juncker see
“no possibility” of a Greek default, Bloomberg News reported. Papandreou
also said that there was no possibility of Greece leaving the euro area,
according to the report.
(January 29, 2010) – There is no bailout and no “plan B” for the Greek
economy because there is no risk it will default on its debt, the European
monetary affairs commissioner, Joaquin Almunia, insiste... (more)
This blog is written for investors and as such we focus on investor issues.
Something happened on Wall Street this week that matters to us.
A Goldman Sachs Vice President named Greg Smith resigned and gave his
specific reasons for doing so in a New York Times Op/Ed piece entitled,
“Why I Am Leaving Goldman Sachs.”
In his piece, Mr. Smith discloses what most everyone already knows: the
financial services business is largely conducted at the expense of the
customer/investor. Financial firms essentially transfer wealth from
customers to themselves all under the guise of “advice” or ... (more)