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With Stocks on the Launchpad- Countdown on Hold


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Just back from shopping. 

The downtown shopping mall here is unbelievable. American malls may be dying, but this one looked like one of America's high end malls back in the mid 80s. Beautiful 5 level mall, virtually 100% occupied, and reasonably busy for a Tuesday night in a pandemic. 

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Food court has all the American names you'd recognize, and a few local or European chain. Still busy 20 minutes ago. They stay open late. Prices are about 1/3 to 1/2 less than at home.  

 

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3 hours ago, DrStool said:

4 -  If IRR is zero, value is infinite. 

Explanatory Note 4a-1, As IRR approaches zero, PE approaches infinity.

Explanatory Note 4a-2, The price of an investment is the inverse of a black hole. 

I know some black holes where everything might be shoved.

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38 minutes ago, DrStool said:

Just back from shopping. 

The downtown shopping mall here is unbelievable. American malls may be dying, but this one looked like one of America's high end malls back in the mid 80s. Beautiful 5 level mall, virtually 100% occupied, and reasonably busy for a Tuesday night in a pandemic. 

Boys in mullets.

Girls in leggings.

Collars up.

Everyone humming Simple Minds....

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