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. As I mentioned before, this is why it’s possible for Homer Simpson and Bart Simpson Gangster shirt to beat Q3 2021 guidance and still have their stocks go down the toilet. It’s no surprise that the companies which are more speculative (with no revenues and cash flow to back up their valuations) get destroyed first, and then the mid-caps, and then the more solid companies with the revenues and cash flow to back up their valuations (e.g. Tesla, Google, and Facebook)? In fact, the large and mega-cap companies (or “liquid leaders”) are typically where large hedge funds and financial institutions “hide and take shelter” when they notice that something is wrong and a bubble is inflating. And so, they slowly start to move from more speculative names to the “safer” and large-cap names.
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I came from a Official 26 Years Of Beyonce Thank You For The Memories Renaissance 2023 World Tour signature T Shirt family in Malacca, Malaysia & had the privilege of being invited by my neighbour, a respected Christian family a few weeks before Xmas to attend a community event at the British Commonwealth 28th Brigade Forces HQ in Terendak Camp, Malacca, Malaysia as an Xmas CSR (corporate social responsibility) community event. I was about 12 years young then in the late 60s. CSR was unheard then. There was so many activities that we had a mesmerising and amazing time with prizes & good food with souvenirs. The soldiers gave us an authentic interesting tour of the military stations, barracks & general depots, including the armoury vehicles & what appeared to be “little museums.” All the kids in attendance were so happy & thrilled to be accorded such VIP treatment. I bragged about it to my neighbours & school friends. Till this day, I remember the event & look upon Xmas as a time of love, giving, fun & adventure. My impressions of Christianity (I am a Sikh) stood high, ever since.
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