All figures reported in USD at the exchange rate of $.0585 US per Peso. Forex has served to obscure the US dollar revenue growth rate of Chedraui in Q2. Grupo Chedraui, a fast growing operator of supermarkets and warehouse clubs,…
All figures reported in USD at the exchange rate of $.0585 US per Peso. Forex has served to obscure the US dollar revenue growth rate of Chedraui in Q2. Grupo Chedraui, a fast growing operator of supermarkets and warehouse clubs,…
The announcement by Grupo Chedraui concerning a new 1.4 million square foot distribution facility lease is a key clue in the next phase of organic growth for Chedraui USA, one perhaps overlooked by many. In May, Chedraui confirmed the beginning…
For the quarter ended June 30th, 2023, the major indexes performed as follows: 1. The DJIA rose by 3.4% 2. The S&P 500 rose by 8.3%. 3. the NASDAQ composite advanced by 12.8%. In comparison, the Gnostic Global portfolio advanced…
Morningstar recently performed a series of back-tested experiments on ultra-passive investing using the S&P 500 as a starting point. The goal was to assess investment returns with a total of ZERO transactions after the initial set-up over a 30 year…
Scarcity Dictates Vigilance There are many variations on the “measure twice and cut once” phrase. In Russia, the perpetually skeptical Slavs use the proverb, “measure 7 times and cut once”. Carpenters make the “measure twice and cut once” their mantra.…