I'm always 90% +Interestingly, Kobeissi letter just posted that retail investors are currently 16% allocated to cash - one of the lowest on record. Long term average is 22%.
I did the math on mine and I am currently about 17% cash. So I am back to being average at best.
Sadly I found out today that most of PayPal purchases from my store are buy now and pay later which never was a thing...
So I wonder what was the total estimated gain OWL hopes with this?
Not really sure and I heard programs like this and Affirm etc are a negative hit to your credit now
How much did they pay for the receivables is the question.
No one in the public seems to know. I doubled down.
Bosch is another outsourcer of
Translated, they overbuilt capacity by incorrect assumptions regarding the EV industry. Almost all companies did, except China that can turn these things out like Bic Lighters, even China, there is oversupply.
Those darn assumptions!
German production, including cars, are no longer sustainable at current levels without the cheap energy from Russia. Add to that the blowback from hostile EU relationship with China and you get this. Germany is de-industrializing rather rapidly and will likely move production to the USA where energy is cheap.
Maybe they shouldn’t have closed down their nuclear reactors? I wonder why they did that? Russian influence campaign maybe?
The Germans are obsessed with renewable energy, and have been for a while. The government at the time used the Fukushima disaster to shut down nuclear power.Maybe they shouldn’t have closed down their nuclear reactors? I wonder why they did that? Russian influence campaign maybe?
