Stanley Druckenmiller has scored some big wins in his career, including teaming up with George Soros to “break” the Bank of England. He is owning up to the big mistake he just made. Investor Stanley Druckenmiller hasn’t always been right about the markets, although he has been right enough often enough to have put together […]
The United States has been embroiled in racial inequality for 400 years now. We’ve made at least some progress to be sure, but it’s very clear that more needs to be done. The human race has made incredible progress on the technological side of things, and when we look at these achievements, we would think […]
Chipotle Mexican Grill was one of our top 5 stocks for 2020. Then the lockdown happened and it really got creamed. The cream does rise to the top though. People tend to be afraid of stocks that are performing very well, and especially with those performing extremely well like Chipotle. This stock grew by 289% […]
Social media company Twitter continues to grow its user base considerably. They are a huge household name. The most important ingredient is left out though, the good profit part. Twitter will be soon marking its seventh anniversary of their stock being traded publicly, and while the number seven is thought by many to be a […]
The street was somehow expecting a further loss of 7.5 million jobs in May, to go along with the 23 million we lost in March and April. We instead added 2.5 million this time. May’s jobs report should not really have been the surprise that it turned out to be. We’re not sure where we […]
Social media companies exist to provide platforms for public discourse. The platform itself has presumably been neutral. They are now being used to influence politics. Social media has brought about a revolution in personal communication, where the people become the media and report and share on whatever they choose. On its face, this sure seems […]
Taiwan and South Korea were barely touched by COVID-19 compared to the U.S., their shutdowns were less severe, and the pandemic is long gone. They are still afraid though. As we continue to speculate on how the economic recovery from the effects of the COVID-19 pandemic and the quarantine we put in place to try […]
Hedge fund manager Ray Dalio has shown he’s pretty good at saving money with the $14 billion that he’s saved up so far. He has some tips for those who want to do better at this. Ray Dalio stands as one of the most successful savers of all time. While there are people who have […]
The protests surrounding the killing of George Floyd continue with no end in sight. While the damage has been contained so far, the lack of an effective response is concerning. There is a special trust that we convey upon our peace officers, where we give them greater powers than civilians have, arming them and allowing […]
The high death toll that we’ve seen in nursing homes from COVID-19 has shocked people, but this goes on every year. This time around, people have really taken notice. Nursing home residents only represent 0.4% of the American population, but they have accounted for 40% of deaths attributed to the COVID-19 pandemic. While a large […]