May 2020

Animal Spirits: Valuations Don’t Matter

We discuss why Zoom is worth more than the 5 biggest U.S. airlines, how many of the pandemic stocks are here for good, Spotify taking over the podcast game, Amazon possibly buying JC Penney, winners and losers from the WFH trend, the summer bull case for Airbnb, why alternative ETFs haven’t worked, what happens to the conference industry and much more.

These Are the Goods

-How COVID-19 is killing restaurants
-The bull case for stocks
-The good and bad news for value
-Why indicators have a finite life, and much more