By Larry Chiang
Deeply Understanding Capital Knowledge, DUCK, helps you avoid 9’s. 9s are chargeoffs.
Charge-offs are about to happen in these areas
virus crisis,
unemployment crisis,
student loan crisis,
mortgage crisis,
oil price crisis
and etc as per Balaji S. Srinivasan (@balajis)
Balaji S. Srinivasan (@balajis) | |
It’s also possible that this break is so dislocative as to be qualitatively different.
There’s a virus crisis, unemployment crisis, student loan crisis, mortgage crisis, oil price crisis, and so on all at once. Future may be so different that “rebuild†doesn’t make any sense. |
Future may be so different that “rebuild†doesn’t make any sense.
Blogged from my personal iPhone, 650-283-8008, that Steve Jobs texted me on