With the global pandemic continuing to impact markets globally, it’s hard to predict exactly what the future will bring for the overall oil business. But one thing for certain is that the business is not going to go away, at least not in the short term. More in George Schultze’s latest Forbes blog:
Forbes: The August Rally Won’t Stop Defaults
COVID-19 made it more challenging for distressed companies, says George Schultze in his new @Forbes blog. Many saw a drop in revenue of over 25% due to shutdowns which can trigger bankruptcies. There’s also opportunity for investors who know how to balance value, fundamentals, & risk.
Forbes: Bankrupt Stock Speculation Proves That Markets Aren’t Always Rational
In a new blog with Forbes, our CEO George Schultze discusses how bankrupt stock speculation proves that the markets are not always rational. Throughout his career as an investor, Schultze learned an important lesson from bankrupt stock speculation. Read the full article below to learn more:
Hertz ATM Shut Down By SEC
George Schultze in Forbes: Lesson from Hertz – we started with many over-leveraged firms due to prevalence of unabated cheap money for years pre- COVID19. Pandemic amplified hardships many companies were already experiencing.
Forbes: The First Quarter Was a Disaster. What Comes Next?
In his latest Forbes article, CEO George Schultze talks about how the second quarter of 2020 may play out given the varied government incentives and offers investment tips.
Forbes: Instead Of Bailing Out The Oil Patch, Maybe Our Government Should Give Everyone Vouchers To Use At Gas Stations
George Schultze takes a look at the government’s bailout of the oil industry and where the industry may be after the pandemic ends in his latest Forbes article.
Forbes: Stimulus Money May Jumpstart The Economy, But Who Is Picking Up The Tab?
CEO George Schultze posted his latest Forbes blog where he discusses the release of the IRS stimulus checks. To find out more on this topic, read the full article here:
Forbes: Pandemic Pops the Asset Bubble
In his latest Forbes blog, CEO George Schultze discusses the massive market reset we saw in March as a result of the coronavirus (COVID-19) pandemic, which has been the worst month for investors since 1987. He says certain active managers with proven skills may, in fact, be able to navigate these new and turbulent market conditions. For more on investing in these uncertain times, be sure to read the full article here:
Forbes: Modern Monetary Theory Is Not the Answer
In his latest Forbes article, George Schultze discusses his thoughts on the Modern Monetary Theory & key points its proponents may be missing.
Biggest Mistake Investors Make
In George Schultze’s article in The Family Wealth Report, he provides examples of common mistakes investors make and how to avoid them.