Time is flying. The S&P is down yet again at roughly 2,200 (yes we realize the exact number is 2,237.40). Putting this in perspective, ten years ago it was at approximately 1,100. No we’re not going to use exact figures since that’s not the right way to invest over long periods of time. You want […]
Q&A is now CLOSED
Lots of brain cells were lost over the past 72 hours. People who believe that you can just “bounce back” from margin liquidations to people who still believe you can access Bloomberg terminals with a twitter link (which would mean their entire business is worthless). Instead of getting infuriated we’re going to offer solutions as […]
In short, we’re screwed. While we can fight off the virus and potentially stave off mass casualties, the economic damage is the real issue. Back in 2008-2009 there was a *centralized* issue. The issue was that many mortgages were collapsing. So the solution was drastic and simple, lower rates and inject cash to the major […]
Q&A closed we have a new post idea based on the same general themes thx!
If you’ve been following our twitter and general view of the virus, unfortunately COVID-19 has gotten much worse. Instead of wasting time debating people online we’re just going to outline some basic ways to make sure you’re in good shape once this virus plays out. Fortunately, you don’t need to do much beyond basic precautionary […]
Q&A is closed, thank you!