The problem with sugar highs? Sometimes the crash wasn’t worth the high. For any parent who has ever had young children, you know what I’m talking about. In a way, the stock market is experiencing an extreme sugar high right now. After falling more than 30% in March at the beginning of the COVID-19 pandemic, […]
Monthly Archives: August 2020
21
Aug
Aug
There might not be a better time in history to buy an existing income-producing business. In the right hands of an experienced organization with high-level skills, infrastructure, personnel, and operational efficiency; underperforming businesses can be quickly turned around to reward their acquirers with consistent, reliable income shielded from inflation and downturns. The COVID-19 pandemic has […]
12
Aug
Aug
Public investors speculate and private investors accumulate – accumulate wealth. That first sentence explains the difference between public and private investors. Public investors are all about timing. They want to buy at the bottom before prices rise and sell at the top before prices drop. It’s a fool’s errand with very few retail investors beating the […]
07
Aug
Aug
With the Coronavirus, there’s a divide among businesses between those that are flourishing and many that are not. The industries hardest hit by quarantines and travel bans were obvious: travel, transportation, and retail. The list of well-known companies that filed for bankruptcy is long. The new social distancing-enforced economy has forced businesses to pivot or […]