Thoughts from June 17, 2020

Hertz front and center! Well someone at the SEC finally watched CNBC and took notice that maybe the Hertz offering is bad for the general pubic.  Amazingly, the stock rocketed 21% higher this morning before settling around yesterday’s close price.  Anyone trading this stock at this point would be better off finding a roulette table!https://www.cnbc.com/2020/06/17/the-sec-told-bankrupt-hertz-it-has-issues-with-its-plan-to-sell-stock-chairman-jay-clayton-says.html…

Thoughts from June 15, 2020

CalPERS borrowing $BILLIONS In a short few weeks, it will mark the 7th anniversary of moving my family from Los Angeles to Raleigh, NC.  The list of reasons why is long.  CalPERS is just another ridiculous organization that I am glad to be away from, but sadly, the stable retirement of many friends and family…