February 25, 2013 MicroFinancial, Inc. (MFI) Current Price: $7.42 Target Price: $9.50 Why MFI? Runway for new business remains long and robust Best in-class collections agency within MFI remains hidden gem Conservative management team (leverage only 1:1.1 times) Margins are impressive and sustainable Reasonable competitive moat Proprietary credit software and database gold standard in industry...Read More
February 1, 2013 REMEMBER THE MOVIE, “The French Connection”? It was on TV the other day and I noticed it came out in 1971. I did some quick math and realized that was over 40 years ago. I mentioned it to my wife, Rosanne, and she said I had to be wrong....Read More
January 23, 2013 In spite of all the volatility, 2012 turned out to be a very good year. If you were too pessimistic or too cautious, you missed a good market rally. If you are a long time reader of this report, you probably remember us stating time and again that markets climb a wall...Read More
December 28, 2012 An integral part of our planning for clients is our continuous monitoring of new thresholds that affect retirement plan contributions, Social Security taxation and Medicare premiums. Listed below are the figures for 2013. There have been a few changes in pension plan contributions for the 2013 tax year due to cost of...Read More
November 30, 2012 “Don’t tax you, don’t tax me, tax the man behind the tree.”~Senator Russell Long ____________________________________________________________________________ Turn on the TV, Radio or surf the Internet for news and you will likely hear the pundits and politicians talking about The Fiscal Cliff and the urgency for our government to act before the end of...Read More
October 31, 2012 To our valued Clients and Friends: We are happy to report that our office is open and fully functioning today (Wednesday, October 31, 2012) after being closed on Monday and Tuesday, due to outages caused by Hurricane Sandy. Everyone is safe and we experienced minimal damage. If you are living in an...Read More
10/20/2012 To Our Valued Clients and Friends: We continue to receive great feedback from our “Getting to Know Someone” article. Today we introduce my good friend and colleague, Richard Sincere. He is our first responder to our lifestyle interview questionnaire. Richard is President and CEO of Sincere and Co., LLC, a mutual fund marketing firm...Read More
Getting To Know Someone: Part 2 I want to thank everyone who took the time to respond to Part 1 of “Getting to Know Someone,” which we published last week. Many of you said that you thoroughly enjoyed reading the column. Several people said that this is a very big idea and some even volunteered...Read More
Getting To Know Someone: Part 1 I have been fascinated by the fact that we all grow up inside our own family models. By models I mean experiences and familiarity, what seems normal to our family and friends. Unless someone tells us about an experience they had that was not part of our families model,...Read More
