Hurricane Delta hits 120mph Cat 3, dangerous impacts forecast on landfall

Hurricane Delta has intensified overnight as expected reaching 120 mph Category 3 sustained winds as it tracks towards the northern Gulf Coast, with southwestern Louisiana expected to see damaging hurricane force winds and a life threatening storm surge on landfall. Hurricane Delta weakened after passing across Mexico’s Yucatan Peninsula where damage was seen to be…

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Wildfires, tropical storms, monsoons make for a costly September: Aon

Wildfires burning across the United States, tropical storms and hurricanes, and monsoonal rainfall have all driven billions of losses across the globe in September 2020, according to Aon’s Impact Forecasting. The catastrophe risk analysis and forecasting unit of the insurance and reinsurance broker highlights the high levels of economic impacts seen during the month, with…

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Short Report On Workhorse Group Inc (WKHS)

SPAC

Whitney Tilson’s email to investors discussing SPAC Investment Summit tonight at 8 p.m.; what the recent Nikola drama means for SPACs; 28-year old billionaire wins the SPAC lottery; SPAC meme; short report on Workhorse Group Inc (NASDAQ:WKHS); Rothmans reopens; always make a great impression. Q2 2020 hedge fund letters, conferences and more SPAC Investment Summit […]

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The Fate Of The Standalone Stimulus Bills Remains Uncertain

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Commenting on the the standalone stimulus bills and today’s trading Gorilla Trades strategist Ken Berman said: Q2 2020 hedge fund letters, conferences and more The major indices are all trading in the green at midday, as yesterday’s broad-based rally continued in early trading on Wall Street. The mostly positive stimulus-related developments continued to support U.S. […]

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Massive Redemptions From Hedge Fund After PM Spends Too Much Time Worrying About Parody FinTwit Accounts

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Beautiful Future For Our Children Capital, LLP was a once respected ESG oriented hedge fund ran by renowned activist investor Phyllis Schlafly.  The hedge fund specialized by investing in companies that only made money from government handouts.  Over the course of a five year period the fund raised upwards of $5 billion in assets under […]

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Serve To Lead: Work For A Cause, Not For Applause

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“The essence of courage is serving others with unconditional love.” – James Strock Serving others is the most important thing in the world. Unfortunately, people don’t take it seriously. Instead, they expect from others. There is the least competition in giving to others and the most competition in getting from others. The world appreciates givers, […]

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Christie’s Auction of Blockchain Related Artwork Sells For Over 10 Times its Estimate at $131,250

Block 21

Christie’s First Auction of Blockchain Related Artwork ‘Block 21’ Sells for over 10 Times its Estimate at $131,250 Q2 2020 hedge fund letters, conferences and more A world record for an NFT at public auction, ‘Block 21’ Sells for over 10 times its estimate, making $131,250 in Christie’s First Auction of Blockchain Related Artwork The […]

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Citizens living abroad or in U.S. territory: Did (or will) they qualify for coronavirus stimulus checks

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All hopes of another round of stimulus checks are still not dead as calls are being made for standalone bills. This means eligible Americans, including U.S. citizens living outside the U.S. or a resident of a U.S. territory, still stand a chance of getting coronavirus stimulus checks. Q2 2020 hedge fund letters, conferences and more […]

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Demex adds Ventus co-founder Stuart Mercer to Advisory Board

The Demex Group, a climate risk focused insurtech that aims to deliver climate-resilience through financial risk solutions on a global scale, has added reinsurance and ILS expertise to its Advisory Board with ex-Ventus co-founder Stuart Mercer. The Demex Group launched recently after securing $4.2 million of seed funding from leading financial services, fintech and insurtech…

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