
Ep 364. Q&A: Entertainment, Intrinsic Value, Cyclicals, Dark Stocks, and The Too Hard Pile
Focused Compounding
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Investing in Stocks During a Pandemic
Theatres were shut for a while. They've been losing money. Theatres are pretty much recession resistant, except for the great depression. So this is the one time that you would ever see them burned in cash for a period of years. Andi's because the government ordered it shut down, basic. You couldn't get the slate movies that you wanted,. Because obviously not can release movies that you spent a lot ofmoney making until they got people back in theatres. People can go back in theatre until there's a lot of a product for them to see.
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