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A Painful Reminder

We’re quick to criticize the healthcare system in the U.S.
To be sure, there’s plenty of cause for legitimate frustration with our healthcare system. Premiums and prescription costs are too high, too many unnecessary tests pile on costs, statements are impossible to read or understand… the list is endless.
But a stark reminder last week brought me back to earth in terms of how grateful I am for the healthcare system in the U.S.
I was on vacation in Scotland. I was on a whisky and walking tour of the River Spey region that distillers like Glenfiddich and Macallan call home. Each day, …read more […]

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Recent IPO Stands to Benefit From Upcoming Holiday Season

Yesterday, shares of The RealReal (Nasdaq: REAL) sold off sharply after the company reported earnings. The RealReal moved higher at the market open, up around 10%, then headed lower as the Dow Jones Industrial Average fell by more than 800 points.
The RealReal is a high-end consignment operation that has a huge online presence. The San Francisco-based company reported total revenue for the second quarter jumped 51% from a year earlier to $71 million, which was above the FactSet consensus forecast of $70.1 million. The company’s gross merchandise volume increased 40% to $228.5 million.
The company IPO’d at the end of June …read more […]