{"id":53762,"date":"2021-03-02T18:20:51","date_gmt":"2021-03-02T23:20:51","guid":{"rendered":"https:\/\/www.technologyinvestor.com\/?p=53762"},"modified":"2021-03-02T19:10:35","modified_gmt":"2021-03-03T00:10:35","slug":"lots-of-booms-lots-of-backorders-super-optimism-why-disney-is-a-great-buy","status":"publish","type":"post","link":"https:\/\/www.technologyinvestor.com\/?p=53762","title":{"rendered":"Lots of booms. Lots of backorders. Super optimism. Why Disney is a great buy."},"content":{"rendered":"<p style=\"text-align: left;\">If you\u2019re a housing contractor in Columbia County, you\u2019re only limited by labor (there\u2019s a shortage) and appliances (there\u2019s a shortage).<\/p>\n<p style=\"text-align: left;\">\u201cThis is the busiest I\u2019ve ever been,\u201d one smiling contractor told me this morning.<\/p>\n<p style=\"text-align: left;\">People want places outside big cities, like New York City. People want to fix up the places they already have.<\/p>\n<p style=\"text-align: left;\">There\u2019s no shortage of money to pay for it all.<\/p>\n<p style=\"text-align: left;\">Emergency generators are backordered nine months. Go Generac. GNRC. High-end refrigerators and stoves are impossible to get.<\/p>\n<p style=\"text-align: left;\">The virus has done weird stuff to the old world. The new world of work from remote home has been enabled by high speed Internet (I have a one gig fiber line in a rural community). And I have Zoom (which just reported about the fastest growth numbers of any company ever).<\/p>\n<p style=\"text-align: left;\">I have friends out of work and suffering. I ask myself: Why don\u2019t they recognize their old job is dead? There are plenty of new ones. In fact, oodles of new ones. One local restaurant is buying closed local restaurants, readying them for coming boom times \u2013 about summertime, when we&#8217;re all vaccinated. By then, we\u2019ll be desperate for outside dining \u2013 real non-leftover food. And having someone else wash the pots and pans.<\/p>\n<p style=\"text-align: left;\">It\u2019s just a year since we fled New York City and the virus. I\u2019m rare. I like being a hermit. What\u2019s not to like? I play tennis every day. I take a nap warmed by the afternoon sun. I get to think about stocks that are doing well\u2026.And I\u2019m graced by FaceTime and PhotoStreamed grandkids.<\/p>\n<p style=\"text-align: left;\">Lots of people are getting real depressed by lack of social contact &#8211; especially with their workers. Buy a cheap office building. It won&#8217;t be cheap for long, when the workers, newly vaccinated, flock back.<\/p>\n<p style=\"text-align: left;\">My young friend, Hugo, 24, emailed me:<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ Your advice of &#8220;buying stocks from a company you&#8217;ve bought something from&#8221; is very good. It&#8217;s helped me specifically with Disney. Never bet against the mouse.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+\u00a0Have you looked at their streaming numbers and how they beat them in past 6 months? Looking forward, they&#8217;ll absolutely crush it once their theatrical releases start making it back to cinemas along with full opening of their parks.<\/p>\n<p style=\"text-align: left;\">Here&#8217;s Disney for the last year:<\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-53770\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/03\/DisneyOneYear.jpg\" alt=\"\" width=\"635\" height=\"357\" \/><\/p>\n<p style=\"text-align: left;\">Today was heavy. I gave back 40% of yesterday&#8217;s gains. We live in very volatile times.<\/p>\n<p style=\"text-align: left;\">I remain very positive and 100% invested in equities.<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>A young black woman writes<\/strong><\/span><\/p>\n<p style=\"padding-left: 30px; text-align: left;\"><em>How Does A Black Person Know If A White Person Is Racist?<\/em><\/p>\n<p style=\"text-align: left;\">Really hard for a privileged white man born overseas (me) to understand race. Read the article\u00a0<strong><a href=\"https:\/\/medium.com\/illumination-curated\/how-does-a-black-person-know-if-a-white-person-is-racist-ffd33fe37dec\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/strong><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Useful stuff<\/strong><\/span><\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ Everyone over 65 should drink a glass or water every two hours.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ Red meat and drinking too much seriously increases your risk of colon cancer.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ Labcorp and Quest have offices everywhere. Your doc can call in the tests he needs for you. They&#8217;ll send him the results. Saves an office visit (which, for me, is 127 miles).<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Why do I think this is funny?<\/strong><\/span><\/p>\n<p style=\"text-align: left;\">For $58.27 at Amazon, I can buy 72 bottles of my favorite dishwashing soap.<\/p>\n<p style=\"text-align: left;\">I am not recommending you buy this. These are tiny three ounce bottles. Cost is 25 cents a ounce, versus the one gallon size which delivers 14 cents an ounce. Click <a href=\"https:\/\/www.amazon.com\/dp\/B00E5O4792\/ref=redir_mobile_desktop?_encoding=UTF8&amp;aaxitk=FfYfzduaczO2kM1kbwzNhQ&amp;hsa_cr_id=8454592310801&amp;pd_rd_plhdr=t&amp;pd_rd_r=72acf59e-4767-4830-94d3-ffd735e8c37f&amp;pd_rd_w=1EEAQ&amp;pd_rd_wg=C7Bwo&amp;ref_=sbx_be_s_sparkle_mcd_asin_0_img\" target=\"_blank\" rel=\"noopener\"><strong>here.<\/strong><\/a><\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-53768\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/03\/72-bottles.jpg\" alt=\"\" width=\"350\" height=\"326\" \/><\/p>\n<p>I&#8217;m on a kick to reduce our consumption of plastics.\u00a0 Little three ounce bottles freaks me completely out.<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>How fast is your laptop?<\/strong><\/span><\/p>\n<p style=\"text-align: left;\">Used to be easy to figure out. Intel used to name its processors, so you could easily tell which one was faster. These days not so easy. No manufacturer &#8212; Dell, Lenovo, Apple &#8212; tell you how fast their laptop is. Except that it&#8217;s &#8220;fast.&#8221;<\/p>\n<p style=\"text-align: left;\">I use an on-line tool from a company called PassMark Software.\u00a0Click <a href=\"https:\/\/www.cpubenchmark.net\/compare\/Intel-i7-10710U-vs-Intel-i7-10510U\/3567vs3549\" target=\"_blank\" rel=\"noopener\"><strong>here.<\/strong><\/a><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Silly cartons to amuse me.<\/strong><\/span><\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-53773\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/03\/child-is-dead.jpg\" alt=\"\" width=\"350\" height=\"333\" \/><br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-53774\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/03\/stephen-king.jpg\" alt=\"\" width=\"468\" height=\"557\" \/><br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-53775\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/03\/alexas.jpg\" alt=\"\" width=\"350\" height=\"241\" \/><br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-53776\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/03\/marriage.jpg\" alt=\"\" width=\"350\" height=\"296\" \/><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>China is Charging Ahead with its Digital Currency<\/strong><\/span><\/p>\n<p style=\"text-align: left;\">But it&#8217;s not like bitcoin, whose anonymity is its major charm. China&#8217;s digital currency is designed to keep track of every transaction. It&#8217;s decidedly scary. Fortunately, I don&#8217;t live there. For the full story, click <a href=\"https:\/\/www.nytimes.com\/2021\/03\/01\/technology\/china-national-digital-currency.html?searchResultPosition=1\" target=\"_blank\" rel=\"noopener\"><strong>here.<\/strong><\/a><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>What is wrong with Texas?<\/strong><\/span><\/p>\n<p style=\"text-align: left;\">Texas\u00a0is lifting\u00a0its mask\u00a0mandate, Gov. Greg Abbott said today, making\u00a0it\u00a0the largest state to end an order intended to prevent the spread of the coronavirus that has killed more than 42,000 Texans. The\u00a0mask\u00a0order was only ever lightly enforced, even during the worst outbreaks of the pandemic.<\/p>\n<p style=\"text-align: left;\">Oy veh.<\/p>\n<p style=\"text-align: left;\">No Texas trips for me, soon.<\/p>\n<p style=\"text-align: left;\">See you tomorrow. <em>Harry Newton<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you\u2019re a housing contractor in Columbia County, you\u2019re only limited by labor (there\u2019s a shortage) and appliances (there\u2019s a shortage). \u201cThis is the busiest I\u2019ve ever been,\u201d one smiling contractor told me this morning. People want places outside big cities, like New York City. People want to fix up the places they already have. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-53762","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/53762","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=53762"}],"version-history":[{"count":15,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/53762\/revisions"}],"predecessor-version":[{"id":53783,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/53762\/revisions\/53783"}],"wp:attachment":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=53762"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=53762"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=53762"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}