Sean Clark is a video game designer, director and programmer who worked on a number of notable LucasArts adventure games from early 1990 through to 2022 (wikipedia)
Historically, the markets have responded very positively to crisis-like events. We saw it after 9/11, after their initial downdraft, the markets responded very strongly for the next month or two.
Historically, the markets have responded very positively to crisis-like events.
With what we saw with Hurricane Katrina and the rising price of gas and oil, that's just not an area we feel comfortable investing any dollars in. The economy is slowing and that's going to be a significant impact on those types of companies.
There are a lot of headwinds that both the market and the economy face. We came into this year thinking that this year was going to be more challenging than most investors and strategists thought. So far it has.
We feel that the traditional accounting measures designed to capture physical assets are deficient in capturing the full value of a firm.
