The Depth Report – Novel Coronavirus and Travel Stocks

Overview: Last week we wrote about the 2019 novel coronavirus (2019-nCoV). The disease is spreading and may have changed, and we thought it was time for an update. There is speculation that the virus has mutated into a more transmittable form, but it’s unclear right now whether the virus has, or whether doctors are getting … Read more

The Depth Report – The Un-wisdom of the Crowd

Decision making in the financial markets is one of the few places where we can definitively assess the quality of a decision. We know to the penny how good or bad a particular idea is. Portfolio managers work very hard and often employ a large staff of analysts in order to get an edge in … Read more

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