FEEDI’ve never liked Chipotle (CMG) food, and it’s heartening to see that about $800 has already been blown off of its absurd (former) $2,000/share price. I’d say it has precious little holding it up at these “cheap” levels: Here’s the entire history of this abomination: [Read More...]
Some Screen Gems
FEEDOK, it’s not a particularly clever post, but below are a dozen of my live short positions that I’m particularly pleased with. In fact, it’s a terribly lazy post. But that’s all I’ve got for you at the moment! I am almost 100% committed again, by the way. Very little cash left. Here are elevenRead More 0 Comments [Read More...]
Participation Pattern
FEEDHuman nature on a mass scale is fascinating to me. Check out this “just for fun” chart of the Labor Participation Rate in the U.S. over a period of many decades. It is presently at 62.2% (what the other 38% of the country is doing with its time is beyond me; I guess watching theRead More 0 Comments [Read More...]
The Obedient Meek
FEEDI’d like to talk about this illustration: At this moment, I am sitting in front of the Whole Foods in Los Altos on Tuesday afternoon. This morning, I drove my wife and daughter to San Francisco International Airport for a week-long trip to Korea. (I would remind you that a vitally important experiment is happeningRead More 0 Comments [Read More...]