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The Decline Of America?

Lots of rule….Cape May lifeguards.  get people out of the beach and put them back in.  constrains free enterprise – supposedly state or local laws won’t let firms rent beach chairs and umbrellas after 5pm.  But the sun is still […]

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The Contrarian View Of Small-Cap Industrials

The Contrarian View Of Small-Cap Industrials by Steven McBoyle, CPA, CA – Royce Funds Portfolio Manager Steven McBoyle describes the attributes of quality-oriented industrial companies he currently finds attractive: high-moat businesses with high returns on capital that have the capacity […]