Is it time to bet on stocks that thrive and rebound in the economy . Thats what todays action said. Dow gaining 359 points the s p rising 1. 47 that was easy ooh, and the nasdaq advancing 1. 1 buy, buy, buy with many of the biggest losers of the year leading the way. [ moo i say not so fast. Look, we all want to go back to normal even after we lift the lockdown, the new normal will be different from the old normal. Im tired of the cliche, normal this, normal that. Things have changed for starters the new normal is less investable i dont think it makes sense to fall into the gap of Carnival Cruise or attend live nation concert. The streets roared theyre compressed springs given how far theyve crashed, i think theyve got more legs to them hey, if i were a Hedge Fund Manager id do these stocks by tradein state by state openings if i were an investor like you, i would let them run if i was stuck in them, then escape for the stocks well be talking about later in the show. You have to unders
Only given consideration to more recently because of the phenomena. Well end up meeting the ceo a couple of months or whatever after we have made an investment it puts greater burden on us for Due Diligence and for the backgrounds of the people who are involved and the experience. Its probably going to end up with some good results actually. Thats interesting. Weve had some discussions on air about the degree to which lack of persontoperson meetings means can you close on a house, can you close on a transaction, but youre saying its not necessarily a deal killer it definitely is not. I think that will be for early stage companies. The Later Stage Companies where theres more substance involved and theyve been around longer is a bigger problem. Were in the early stage, a round, b round, period i think well have less of a concern about that we also obviously are focused a lot on follow on rounds for our existing portfolio which is fairly extensive at this point hi, alan, its jon fortt, go
By. Now all right ladies and gentlemen welcome aboard and as i promised this this gentleman that were going to be talking to for the for the entire show today ive known him for lots and lots and lots of years and i got to tell you off camera he is as wonderful even more so wonderful than you would imagine by seeing and hearing him talk on camera hes lined up a litle media media and legal analysts very important he should serve sent through roll lytle welcome aboard my friend thank you sir thank you thank you thank you and heres to be able to do it on the fly which we understand by virtue of our 10 year in terrestrial conventional talk radio where something broke down all the cup. Absolutely absolutely and youre always had to improvise you always had a flight and then i write a script to talk radio and i think thats thats really helped i know its helped me and i know youve told me that its a big advantage for you its well so let me let me start thanks way if i may you were asleep youre
By. Now right ladies and gentlemen welcome aboard and as i promised this gentleman that were going to be talking to for the for the entire show today ive known him for lots and lots and lots of years and i got to tell you off camera he is as wonderful even more so wonderful than you would imagine by seeing and hearing him talk on camera hes lined up a line on media media and legal analysts very important he should serve sent through roll lytle welcome aboard my friend thank you sir thank you thank you thank you and heres to be able to do it on the fly which we understand by virtue of our 10 year in terrestrial conventional talk radio where something broke down all the cup. Absolutely absolutely and youre always had to improvise you always had a flight and there are no scripts in talk radio and i think thats thats really helped i know its helped me and i know youve told me that its a big advantage for you its well so let me let me start thanks way if i may you were asleep you were getti
Use varies from one region to another and some places with lower infection rates some vaden later is may not be in use while other areas are potentially stretched beyond their capacity that database of available ventilators that we are creating wall laois to flex so that we can make sure that available quitman can be shared with those in need we appreciate the leadership of the Health Systems that are here today that has stepped forward and had a mention to a few i dont know if he quite dr Fritz Francoise from n. Y. U. That groan and david dill the c. E. O. Of life point as well we appreciate the work of the administration in helping us find Innovative Solutions to ensure the best care for our patients well continue to work with hospitals and Health Systems across the country to add to this reserve further your teammates provided us with important leadership and we look forward to working with you and mechanism to success thank you president thank you. Thank you mr president mr Vice Pr