Last week Airbnb stock opened 115% above it's initial public offering (IPO) price. It closed up 113% on the day. When discussing it with Cody, our Client Portfolio Manager who holds an Accounting degree, he said, "That's just crazy. How does anybody justify that price?" When I mentioned it to
Winter has arrived here in Virginia. We woke up to snow flurries south of Richmond. You'd think with virtual school there would be no more snow days, but that is not the case apparently even with the snow not sticking to the pavement and expected to be done by 10
As we enter the final month of 2020 many investors will be making plans for 2021. I could write several thousand words listing all the things we should be considering. Instead, I thought we'd use my favorite tool – a 2-column list to look at the current market environment.
As I've
Throughout the last 37 weeks I've been providing musings each Monday summarizing what I'm seeing in the investment world. Some of them have been quite long and wide-ranging, others have been fairly brief. This week, there is A LOT of news we could talk about, but I kind of wonder
For the second week in a row we are greeted with some very positive COVID-19 vaccine results. Don't mistake the rest of the article as me not being extremely excited about this development. As I've said from the outset, I have full confidence in the American people, our scientists, and
