More than 2.8 million people in the U.S. have had confirmed coronavirus infections since the pandemic began in January, and nearly 130,000 people have died. The U.S., which leads the world in coronavirus infections, recorded a single-day record in new cases on Friday. Health experts fear coronavirus cases will continue to climb after the July … Read more Florida reports record number of coronavirus cases amid nationwide surge
It’s the first major purchase from Berkshire since the coronavirus pandemic and subsequent market collapse in March.
We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not … Read more Hedge Funds Never Been Less Bullish On Virgin Galactic Holdings, Inc. (SPCE)
PG&E Corporation (NYSE:PCG) is an industry leader in arson and manslaughter. They also do something with electricity. PCG filed for bankruptcy in January of 2019 after they were unable to pay billions in claims. To call the bankruptcy process a klusterfuk, is generous to all involved. However, that’s all in the rearview mirror. A bunch of … Read more PG&E Corporation (PCG) Exits Bankruptcy
In numerous columns, and years before that, I have been beating one drum. The stock market is forward looking. It attempts to figure out which firms will control the future, Amazon for instance, and which companies have dropped the ball, IBM for instance. There are numerous examples of this dichotomy, but one I have been harping on … Read more The Auto Industry And Tesla: A Retrospective