As currencies across the globe collapse the nation’s top brains have come up with a solution. “We plan to ditch fiat reserve currencies in favor of Tesla shares,” Joseph Stiglitz stated. “Why hold reserve currencies that continue to depreciate in value when we can hold high quality tech shares like Tesla?”
Tesla Inc (NASDAQ:TSLA) has decided to sell more stock. The company announced that it will sell shares directly into the market to raise approximately $5 billion.
Stanphyl Capital letter to investors for the month ended August 2020, discussing Tesla’s stock split, vicious competitive landscape in China, and how it is a busted growth story.
Peloton Interactive has been one of the winners of the COVID-19 economy. How shareholders who want to stay long after its parabolic move can do so while locking in most of their gains so far.
Today, auto insurance companies in the UK will typically disarm clients and prospective customers with catchy taglines like “Auto insurance on your terms” or “Your dependable partner”.
"Adjusted by aggregate market return, the average return of smart beta indexes drops from 2.77% per year 'on paper' before ETF listing to −0.44% per year after ETF listing."
Svenska, based in Sweden, is one of the best-run banks in the world. We wanted to own it for a long time and finally got the opportunity. When we look at a financial company, we zoom in on its performance during a past financial crisis. The Great Recession was the ultimate stress test so far for financial firms being subjected to incredible pain. Svenska sailed through the crisis as if 2008 was just another year – its loan losses “spiked” from 0.1% to 0.2%. (By comparison, JP Morgan’s losses were 3.5% in 2008.)
