"...most investors think quality, as opposed to price, is the determinant of whether something’s risky. But high quality assets can be risky, and low quality assets can be safe. It’s just a matter of the price paid for them. . . . Elevated popular opinion, then, isn’t just the source of low return potential, but also of high risk." --Howard Marks
Related book: Disunited NationsEpic Games Primer - by Matthew Ball & Jacob Navok (Part 1, Parts 2 & 3)
Millions of Americans Skip Credit-Card and Car Payments ($) (LINK)
About 15 million credit-card accounts and 3 million auto loans didn’t get paid in April as the coronavirus ravaged the economy, data show
The coronavirus is coursing through different parts of the U.S. in different ways, making the crisis harder to predict, control, or understand.