On March 27th, the “Coronavirus Aid, Relief, and Economic Security Act,” also known as the “CARES Act,” was signed into law. This is a $2 trillion emergency fiscal stimulus package intended to limit the economic damage created by the Coronavirus. The CARES Act includes various types of aid for both individuals and small businesses. The following is a summary of the key provisions. Income... READ MORE

Last week, we hosted a conference call with our clients to discuss the recent market environment, how we have  been positioned, and opportunities we see going forward. In addition, we received several important questions that we think are representative of what other investors are thinking. This WJ Notes will serve as a recap of the call and those questions and answers. “There are decades... READ MORE

“ There are only nine meals between mankind and anarchy. ” - Alfred Henry Lewis 1906 This quotation seems to perfectly capture the fear generated by the Coronavirus. Obviously, there is also fear of mortality from the disease, but so few people currently have the disease it seems less of a concern. Shutdown my Starbucks, my movie theater, my favorite restaurant and I will soldier on, but... READ MORE