Investments
What is morally wrong with discrimination? A Kantian analysis

The Supreme Court decided on June 15 that the Civil Rights Act of 1964 protects gay and transgender workers from workplace discrimination. Discrimination ‘because of sex’ is unlawful. But what is it that makes discrimination morally wrong? It is useful to examine this from a Kantian standpoint because Immanuel Kant lays the foundation for recognizing […]
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Read MoreCares Act May Interrupt Widespread Consolidation

The Broad Market Index was down 0.27% last week and 55% of stocks out-performed the index. Q2 2020 hedge fund letters, conferences and more During this week’s small SEC filing update, we are reminded of the importance of a rising gross profit margin. This indicates that the company is achieving increases in prices of their […]
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Read MoreILS can support vast growth opportunity in emerging Asia: Peak Re CEO
There’s a very real and vast opportunity for sustained insurance sector growth across emerging Asia over the next decade, and insurance-linked securities (ILS) capacity will be required, according to executives at Hong Kong domiciled reinsurance company Peak Re. When compared to the rest of the world, property and casualty (P&C) insurance penetration rates in much…
Read MoreCoronavirus stimulus: Senate proposes HEALS Act, what now?

The much-awaited GOP coronavirus stimulus bill has now finally been announced. Senate Majority Leader Mitch McConnell, on Monday, introduced the GOP’s coronavirus stimulus checks and aid bill, called the HEALS Act (Health, Economic Assistance, Liability Protection and Schools Act). The bill marks the opening bid in negotiations for the next coronavirus stimulus package. Q2 2020 […]
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Read MoreMaking Sense of the Short-Term S&P 500 Chop

Even after yesterday’s rebound, the S&P 500 keeps trading merely at the early June highs. Is this just a reflexive rebound before the stock upswing rolls over to the downside? I don’t think so, and in today’s analysis will make the case why another leg higher is still more likely than seeing stocks plunge. Q2 […]
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Read MoreBill Gates On Coronavirus Vaccine Conspiracy Theories

CNBC excerpts: Microsoft Co-Founder Bill Gates speaks with CNBC’s Andrew Ross Sorkin on “Squawk Box” today discussing coronavirus vaccines, working from home, vaccine conspiracy theories, Elon Musk, and the profit motive for companies. Q2 2020 hedge fund letters, conferences and more Bill Gates: There could be a ‘substantial’ reduction in Covid-19 death rate by end […]
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Read MoreHEALS Act: who qualifies for coronavirus stimulus checks?

Senate Republicans, on Monday, finally unveiled their coronavirus stimulus proposal. The bill, referred to as the HEALS Act, proposes almost everything that was expected, including coronavirus stimulus checks. Though the proposed stimulus checks follow the same criteria as the CARES Act, it is much clearer on who will qualify for the checks. Q2 2020 hedge […]
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Read MoreCalifornia Wildfire Fund shies away from reinsurance pricing at renewal
Quotes received from the reinsurance market at the mid-year renewals did not deliver on the pricing and structure that was sought for the California Wildfire Fund, resulting in the purchase of risk transfer not being completed. As we explained back at the end of April, the California Wildfire Fund had engaged with the reinsurance market…
Read MoreDividend Stock Purchases: Bert’s June 2020 Summary
2020 is flying by! We have crossed the 50 yard line and are marching towards the endzone. Each month presents exciting new twists and opportunities in the stock market. June was no different! My wife and I found 4 companies to purchase during the month. This article summarizes our dividend stock purchases for June. See…
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