(All figures are quoted in USD unless otherwise stated) For the fiscal quarter ended 12/30/2022, the Gnostic Global Portfolio closed with a value of $677.31. This compares to the valuation for the 3rd quarter ended 09/30/22 at $576.60, resulting in…
(All figures are quoted in USD unless otherwise stated) For the fiscal quarter ended 12/30/2022, the Gnostic Global Portfolio closed with a value of $677.31. This compares to the valuation for the 3rd quarter ended 09/30/22 at $576.60, resulting in…
The purchase, priced at roughly 3X EV/EBITDA, represents an example of the fiscal discipline involved in the expansion of Chedraui throughout its competitive markets. In addition to the 36 stores under the banners Arteli, Arteli Express and Aká Superbodega, the…
American retail sales for the month of November declined by a greater level than was previously forecast. Adjusted for inflation, all retail categories, save grocery and restaurants, experienced a net revenue decline for the month. Furniture, electronics, sporting goods, motor…
Costco is one of the most widely mythologized retailers on the planet today. Many customers, myself included, as well as almost all of the long term employees of Costco, are shareholders in the corporation. We marvel at the ability of…
A whopping 26 million Americans have applied for the student loan debt forgiveness benefit. In a recent poll, up to 73% of those who have signed on to receive the benefit have stated an intention to utilize a portion of…