SSS Down During Government Shutdown

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SSS Down During Government Shutdown

Store sales slipped during the week ending October 5 for reasons likely at least partially related to the U.S. federal government shutdown. Both weekly store sales reports cite weakness across most segments and hold a pessimistic October outlook.

The ICSC-Goldman store sales index is now up 1.8% year over year compared with up 2.1% Y/Y the week prior.

The Redbook store sales index is now up 3.3% year over year compared with up 3.8% Y/Y the week prior.

Mohnish Pabrai On Value Investing, Missed Opportunities and Autobiographies

Mohnish PabraiIn August, Mohnish Pabrai took part in Brown University's Value Investing Speaker Series, answering a series of questions from students. Q3 2021 hedge fund letters, conferences and more One of the topics he covered was the issue of finding cheap equities, a process the value investor has plenty of experience with. Cheap Stocks In the Read More

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