Archives: May 2020

28 May 2020 - 14:50, by , in Uncategorized, No comments
Before the COVID 19 crises the Federal Budget deficit for 2020 was forecast to be $1.1T, so far $2T of stimulus has been approved with more to come. This has lead to the Federal Debt to explode to $25T with more to come… GDP is around $21T so we are easily over 100% Debt/GDP ratio....
20 May 2020 - 16:16, by , in Uncategorized, No comments
I have been on a lot of earnings calls and partnership updates from many of our investments the last week. Here are some of the notes that I have taken that struck me as interesting. “Home Depot number of store visitors were down 4%, average order up 11%” “Online grocery sales up 5X since the...
13 May 2020 - 16:24, by , in Uncategorized, No comments
Price is important in investing. I think it is important in two occasions – the day you buy and the day you sell. Between those two days a lot can happen. That’s why it’s important to remeber that a stock is a share of a company in an ongoing enterprise (hopefully) I am trying to...