The fund seeks to provide high current income consistent with preservation of capital. Its secondary objective is growth of income through dividend increases and capital appreciation.
Breaking: OpenAI and Beyond Meat announce strategic collaboration to deploy 10 million patties at the Cattle Raisers Convention & Expo next March in Ft. Worth, TX.
Asked for comment, Sam Altman said "We don't know how Beyond Meat is going to sell these veggie burgers to the cattle industry, we just need to make sure we get to market before the Seitan people do."
Tesla is also rumored to announce Full Self Driving Aberdeen Angus, which should be out some time next year.
Credit market strain and liquidity crunch (ft article linked). Risk on or safe haven? Seem like vol spikes will be more frequent leading to years end
https://archive.is/D4G7y
Knew a guy who started investing in Tesla during the pandemic. He quit his job and was skateboarding during the day and “trading” from time to time. Said he would never have to work again. Ran into his a few years later when Tesla was back in the 100s and he was looking for a FT job anywhere. Life comes at you fast.
> people need to live their lives.
Also the cost to build per sq ft is literally higher than cost per sq ft to buy at the moment and much of that is labor. So aside from land value (which accounts for 25-30% of a single family home's value), home prices are value exactly where they should be. the only thing that can give is land value, and even a 50% dip in land value equates to roughly 10-15% of the overall cost or relatively insignificant difference.
People dreaming of a 2008 scenario need to keep dreaming because it isn't happening anytime soon. The spread between cost to build and cost to own is too close to neutral for the market to tank.
It's not a drop in home prices that's needed. It's wage growth which hasn't tracked with everything else.