2018 Letter

• Deerfield Introduction Letter
  
  
• First Person Spring 2018
  
  
• Year-End Commentary: A Primer On Volatility And Crème Brulee
  
  
• Investment Commentary: Obesity Is Prime Villain In The Proliferation of Cardiovascular Disease, Diabetes, Stroke, Depression, And Sleep Apnea ResMed INC(NYSE: RMD)

2017 Letter

• Investment Letter And Commentary: Shakespare understood much about sleep, but did he know what Sleep Apnea was? ResMed (NYSE: RMD) and Universal Display (NASDAQ: OLED)
  
  
• Investment Letter And Commentary: Cintas Corporation (NASDAQ: CTAS)
  
  
• SNAP, INC. (NASDAQ: SNAP): Does excitement always bring profits?
  

2016 Letter

• IDEXX Laboratories, Inc. (NASDAQ: IDXX): The veterinarian profession and the companion pet business
  

2015 Letter

• Intuit, Inc. (Nasdaq: INTU): Creating software to make keeping records and filing taxes easier for millions of taxpayers every year
  

2014 Letter

• How Searching for a Pair of Speedo Swim Goggles Inspired One Investment Manager to Consider the Dynamics of Supply Chain Logistics and to Take a Deep Look into Manhattan Associates (NASDAQ: MANH)
  

2013 Letters

• Emirates Airline Says Yes to Airbus and to The Boeing Company (NYSE: BA), A Positive Sign for Growth in Global Middle Class Travel and for Precision Castparts Corp. (NYSE: PCP)
  
  
• Diamonds Are a Girl’s Best Friend but Precision Castparts (NYSE: PCP)
  Believes That Titanium Is Its Best Friend
  
  
• Why The Coca-Cola Company (NYSE: KO) and FedEx Corporation (NYSE: FDX) Need Mettler-Toledo International Inc. (NYSE: MTD) to Get the Job Done

2012 Letters

• Ecolab, Inc. (NYSE: ECL): Is This the Only Cockroach?
  
  
• How MasterCard Incorporated (NYSE: MA) and Visa, Inc. (NYSE: V) are Driving Cash Out of Business (Part One)
  
  
• How MasterCard Incorporated (NYSE: MA) and Visa, Inc. (NYSE: V) are Driving Cash Out of Business (Part Two)
  
  
• Why I Do Not Want To Be A Facebook, Inc. (NASDAQ: FB) Shareholder, No Matter What the Share Price Is
  

2011 Letters

• The J.M. Smucker Company (NYSE: SJM)  
  
  
• Paper or Electronic Medical Records? Quality Systems Inc. (NASDAQ: QSII) Has the Answer
  
  
• Why This July and August Provide Above Average Possibility for Capital Gain
  

2010 Letters

• A Dream about Warren Buffett and Railroad
  
  
• DECODING DOLBY LABORATORIES, INC. (NYSE:DLB)
  
  
• FAMILY DOLLAR STORES, INC. (NYSE:FDO)
  
  
• New York Stock Exchange Company To Acquire K-Tron International, Inc. (NASDAQ: KTII) For $150.00 Per Share
  
  
• No Tossing or Turning for ResMed, Inc. (NYSE: RMD) Investors After the Fourth Quarter December 31, 2009 Earnings Report
  
  
• PetMed Express, Inc. (NASDAQ: PETS) Investment Letter
  
  
• SOMANETICS CORPORATION (NASDAQ: SMTS)
  
  

2009 Letters

• HOW MUSICAL LOANS ENDED ON A SOUR NOTE, AND HOW WE ARE LEARNING TO PUT THE NEEDLE BACK ON TRACK
  
  
• RESMED, INC. (NYSE: RMD)
  
  
• ROSETTA STONE, INC. (NYSE: RST)
  
  
• SUN HYDRAULICS CORPORATION (NASDAQ: SNHY) Second Investment Letter
  
  

2008 Letters

• Burlington Northern Santa Fe Corp. (NYSE:BNI) and Polycom, Inc. (NASDAQ: PLCM)
  
  
• K-Tron International, Inc. (NASDAQ: KTII)
  
  
• A VAIN CULTURE PRODUCES MORE PROFITS FOR STERICYCLE
  
  
• SUN HYDRAULICS CORPORATION (NASDAQ: SNHY)