Retail and many institutional Investors are flummoxed when pressed to frame a response to the simple question: “With the US GDP decline of more than 1/3 in the first half of 2020, why aren’t stocks down equally, or worse, considering…

The large cap portfolio closed out the quarter ended June 30th, 2020 with a portfolio NAV valued at $341.04 USD per share. This represented a return of 33.8% over the previous quarters closing value of $254.93 USD per share. When…

The price action of Paypal for the past several months has been sufficiently strong that the current valuation does not appear to be justified, even remotely, from an operational improvement perspective. The company had pontificated, recently, about good growth in…

UnitedHealth Group appears to be a clear beneficiary, from a cost perspective, as a result of quarantine and social distancing measures enacted by various government levels in the United States, as well as an aversion by the public to consume…

Mastercard reported revenues and earnings for the first fiscal quarter of 2020. With roughly one month’s impact of consumer and business impact from the SARS-COV2 pandemic, revenue and earnings still surpassed expectations. Revenues for the quarter were $4 billion and…