This is probably one of the best videos I have seen that articulates the application of theory to the real world. Thanks Mark. Please keep making more of such videos.
And lemme just add I also haven’t gotten a haircut since about 3-4 days before the quarantines began here in the SF Bay Area…so I have solidarity with you in the “I’ll get a haircut after I don’t need to first get my Last Rites before setting foot into the barber shop” sense, Dr. Meldrum…we are not alone!
@@tellurium96 I broke down my studies in the order of CFA Level II topics that Dr. Meldrum prescribes in his videos. I have a whiteboard where for each topic I'll lay out *day-by-day* the readings/video lectures/notes/practice problems I need to do. I insert a good deal of "break" days either for actual breaks or to act as shock absorbers if I fall behind, say three break days per month. Periodically I'll re-write whatever portion I have left for each topic to re-calibrate/re-adjust what's remaining, all with a realistic eye of finishing on time per the schedule I originally prescribed myself. This way I'll have gone through everything thoroughly by, say, mid-October and have way more than the minimum recommended four weeks to review. The postponement of the exam came as a blessing to me, I would absolutely have NOT been ready for June.
As always much appreciated Mark! This channel along with your CFA courses provide more value than anything I have ever come across. Please keep these sorts of videos coming.
Good Morning Professor! Glad to see coverage over residential/commercial REITS this morning. I am also long REITS for the time being as I see a reversion to mean especially in office space. I have exposure to New Residential, Invesco mortgage, MITT, pennsylvania trust. etc.
I don't comment on many videos, but the fact that you provide this quality of content for free to the community is amazing. Glad to have been recommended to you for my CFA level 1 study material.
Thank you very much professor. This video is gold, teaches us how to think and how to use options in different market conditions. I can't tell you how many times I sold covered calls on down days and lost all the upside when the stock recovered few days later. Please make more videos like this when your time permits and thank you again for sharing your knowledge with us.
This video was awesome. Super interesting to not just hear your opinions on markets, but to also hear what strategies you use based on those opinions, how to adjust if the market is moving against you. I also really like how you talk about options, and say why you buy them at X strike and Y expiry. During my undergrad, it was a lot of "here is what a call is, and here's why you would want to buy/sell them, and here's how to value them", with little guidance on when you should consider ITM/ATM/OTM, when you'd prefer certain expiration dates over others etc.
Thank you Dr Mark for taking the time to make this video. It would be great if you could create more videos with applicable contents. I studied Finance and Economics but ALL the courses I took was so abstract. Your university students were really lucky.
Really enjoyed that analogy of drawing a parallel between the risks of investing in the market and the risks of starting your business. Lots of people see investing in the market as a "casino", sometimes including myself and I have to watch out for that bias. Appreciate tying the CFA content into practical day to day investing as a retail investor, it helps see that knowledge in action!
Just want to give a huge thanks to your video. Ive been able to climb myself out of the gutter ever since watching your video. Thanks. I hope you could give more tips on managing portfolios
Wow! Excellent video, you got a new subscriber. Please add more videos showing this type of hands on, practical stuff. Specific examples would be appreciated. Thanks again!
Thank you for this video. It has opened my eyes to the other side of options. I've been a buyer up to this point but selling could be a great way to buy some of the companies I've had my eye on
For all the time and energy you put to come up with rich content videos like this and for sharing your deep knowledge and experience with others: THANK YOU! As much as I try to skip many other so-called investing videos out there that UA-cam recommends, I am always waiting to watch your next. I hope I/we can do something to increase your number of audiences. If there is anything, I would love to do voluntarily.
Thank you Mark! I always learn something new listening to you. I’ve just ordered all the books you recommended on the previous video. Didn’t even have to pay for them. I know what I’m reading this summer for sure! I’m 19 and I aspire to have your kind of knowledge one day. A special thanks from Italy. See you in the next video. Lorenzo.
This one completely changed one's mindset as a retail investor - Long term approach, volatility is opportunity, passive approach is like slow & steady wins race.
Bit late to the party on this video as it’s a couple of years old - but this is hands down one of the best videos on investing I have ever watched. Focusing on one industry to become an expert is something I had never considered but it makes perfect sense. Many thanks for sharing your wisdom! 👏👏
Very insightful and priceless Dr.Mark, thanks so much! It's a shame that non-EU countries from Eastern Europe (i.e. my homecountry of Serbia) are too constrained with the extraordinary trading fees through various platforms, some of which are even affiliated with Interactive Brokers. This is especially true for the options, with the usurious fees and demotivation of even trying to think about various option strategies! I have a huge problem implementing my CFAI knowledge due to mentioned reasons. Alternatively, if we want to open account directly on IB, there are problems with foreign transfers and withdrawals, which are again, ultimately complicated and expensive.
This is the 4th time (I think) I am watching this video and I still learn from it. Uh.. I wish we could get more of these videos! Thanks again Dr. Mark
Thank You Mark for Your time and insights! Really enjoyed the idea of acting according to the market movement and not trying to forecast it. What alternatives would you recommend as risk management besides options strategies, mainly for those people who have lower capital in their investment portfolio and just cannot to buy/sell at least 100 shares on each position?
This video really made a lot of things click for me. Have watched it several times and it is surely one of the most valuable videos I've ever watched. Thanks very much Dr Mark. I do have a question if you ever come back to these old comment sections: Would it still be wise to use puts to add positions in a small-mid sized retail portfolio (say $50-100k)? For instance if I was into the tech sector and I wanted to add an AAPL position, selling a put and getting put the 100 shares at say, $175, would use almost 20% of the account's capital. I could just purchase shares but then I lose out on premium, or I could target lower priced stocks, but then I feel like I'm not really targeting the stocks I'd want to own most.
Thanks for the video Professor. Would request you to provide some insights / video as to how do you structure a portfolio - number of stocks , weightages and drawdown acceptable and when to book profit. Do we grow the corpus size or book a percent of the profit and balance reinvest? Have read about all this but in actual practise have not found any great leads on this matter.. basically the end goal is to beat the benchmark but how to manage that consistently?? Would be of immense help if you could guide on this matter! And thanks for the great work you provide!
Thanks for the great content as always Mark. I was wondering if you could shed some light on your asset allocation with regard to the SPY, REITs, and the various ETFs you own. I realize that your asset allocation will change depending on what’s happening in the market, but if you could provide a range in which you generally operate between these three areas that would be very helpful. Thanks again
Hi mark! Awesome content! Not my main job but I ve sat for CFA I and II, candidate for Level III now. Haven't taking your courses but i know your focus is on making the students learn the concepts and not only pass the exam. Given the angle of this video, have you thought about creating a course for CFA holders dedicated to retail trading strategies? Would definitely subscribe to that one given the professional approach you take to teaching :) thanks again!
CS grad with a new found interest in finance. I guess I'm lucky to have found your channel early in life. I'm not from the US but I find your videos insightful nonetheless. Thanks Mark!
@@gwills9337 yes I have realized that if it was actually possible to make money, many smart people would already be very rich. I'd like to dream I could somehow be *that* guy, but I have quickly become wary of the *chaotic* nature of markets that you talked about. Also, I think psychology plays an even bigger role than I read about right now. There are a HUGE number of people who are totally unaware about how the market functions (including me, till a while back) and I actually feel that herd mentality is understimated. I am realizing slowly that there is a LOT to learn in this field, and tbh it excites me. It also seems funny how people try to use basic machine learning models and a couple of headlines to make 'stock market prediction' projects (without basic financial knowledge) when there are actually too many factors to consider. I'll check out the link you mentioned, thanks!
Thank you very much Dr Meldrum, great video! I just had two questions please; 1. I noticed you were discussing securities you own across both Canada and the US. Do you hedge for currency exposure and would you recommend retail traders do this? 2. I am interested to know why a mortgage REIT would trade at a premium or a discount to Tangible Book Value at certain times. Would you have a video on this or any book recommendations on the REIT sector that would touch on this also? Thank you for your time!
1. I can hold multiple currencies in my account, so no, I don't hedge since I don't need to. 2. mREITs are basically worth the value of their net assets. Unless they have a business model on top of the assets, there is little reason to pay a premium.
Many thanks for the valuable information. I have made several notes during the video, because I am currently facing a similar career decision (asset class focus vs generalist)
@@MarkMeldrum I apologize, it was a reference to users from reddit. However, I edited the comment! :) WallStreetBets is a Reddit community of traders who share high-risk investment strategies, many of them posting screenshots of their 95% loss.
Mark, thank you for taking the time to share your strategy with the markets. I was wondering if we could get your thoughts on the popularity of technical analysis and CFAI concluding that it isn't really a proven alpha generation methodology. The other question I had was, are you selling naked calls and puts or do you always own the underlying? I know alot of brokers don't allow the naked option strategy.
I typically own the underlying to sells the calls, unless I am engineering a synthetic short on a name. Naked puts however. But if they are put to me I have the ability to buy them. I typically never sell more than 40bps or 50bps in put premium against equity value. So $100K in equities for example, I will sell up to $500 in put premium per month.
Such a fantastic video, a sophisticated yet graspable strategy for a retail investor (like myself). Two questions I was hoping you could answer Professor: 1. Looked at like a business, what initial investment would a strategy like this require? 2. What indicators do you use to determine a likely up or down trend? (macro, news related, technical etc?)
1. That is all relative to the person. 2. That is a book chapter, not a comment. Plus years of experience. And even then, its just a best educated guess.
Dr. Meldrum. wherein the spread range do you place your options orders? Do you check the option price implied by the volatility? if yes how? lastly, what maturities do you usually choose? short like the next upcoming or more long term ones?
Dr. Mark. This is great work. Thank you so much for taking time out of your busy schedule to educate us. This is so valuable. I have few questions 1. What ETF(s) specifically you like that capture that higher quality high yield bond that are likely to be upgraded to investment grade at some point referring to time stamp @18?
Mark, do you also use more complex options such as strangles, staddles, butterflies etc? Or do you stick to the basics i.e. calls/puts? By the way, do you only SELL options, or also buy?
Dr. Meldrum BIG FAN! Any chance you begin to teach entrepreneurship or the opportunity of starting a business with covid-19/technology/counter cyclical trends!? Would be very interesting for a web series on that!! -thanks D
Now I know who's taking my money in the options' market
lol
wow my most liked comment on youtube. thx boys & girls
@@qiyangxu7872 haha great one :))
Epic comment haha
This is probably one of the best videos I have seen that articulates the application of theory to the real world. Thanks Mark. Please keep making more of such videos.
@@akankshakumari0708 I would like to help you. But unfortunately I am not qualified enough to answer your questions. Thanks.
wow! One hour video, we are in it a for treat boys.
ah! I am so addicted to Mark!
Xu Tan me too! Dr. Meldrum is a badass. Really grateful for his content
This is God's work. I'd love to see you having a podcast, selling merch, etc...
I second this
A mark meldrum podcast would be amazing
Second this
He already sells merch on his website
The best takeway from this entire business is the "treat it like a business" advice.
Exactly that.
Yes! Today is a scheduled break in my CFA Level II prep, but I still get new Mark Meldrum content to consume…Thanks Dr. Meldrum
And lemme just add I also haven’t gotten a haircut since about 3-4 days before the quarantines began here in the SF Bay Area…so I have solidarity with you in the “I’ll get a haircut after I don’t need to first get my Last Rites before setting foot into the barber shop” sense, Dr. Meldrum…we are not alone!
Hey, how is your prep going so far?
How do you do your prep?
@@tellurium96 I broke down my studies in the order of CFA Level II topics that Dr. Meldrum prescribes in his videos. I have a whiteboard where for each topic I'll lay out *day-by-day* the readings/video lectures/notes/practice problems I need to do. I insert a good deal of "break" days either for actual breaks or to act as shock absorbers if I fall behind, say three break days per month.
Periodically I'll re-write whatever portion I have left for each topic to re-calibrate/re-adjust what's remaining, all with a realistic eye of finishing on time per the schedule I originally prescribed myself.
This way I'll have gone through everything thoroughly by, say, mid-October and have way more than the minimum recommended four weeks to review. The postponement of the exam came as a blessing to me, I would absolutely have NOT been ready for June.
loved every minute of it. Thanks for giving back Mark, as always
As always much appreciated Mark! This channel along with your CFA courses provide more value than anything I have ever come across. Please keep these sorts of videos coming.
Great content Mark. Please keep these videos coming. Thank You for Your valuable insight and willingness to share with us!
This is a fenomenal video. I just discovered your channel Mark, and you’ve instantly drawn me in. Keep up with the incredibly useful content!!
Good Morning Professor!
Glad to see coverage over residential/commercial REITS this morning.
I am also long REITS for the time being as I see a reversion to mean especially in office space.
I have exposure to New Residential, Invesco mortgage, MITT, pennsylvania trust. etc.
Thank you, sir. This really helps. Gonna be a rewatch for me on a monthly basis to measure where I improve.
I love watching your videos Mark. Absolutely solid stuff - All the way from Singapore
I don't comment on many videos, but the fact that you provide this quality of content for free to the community is amazing. Glad to have been recommended to you for my CFA level 1 study material.
Thank you for this video Professor, Really enjoyed watching and taking notes on your approach to PM.
This guy is the real deal. Thank you for sharing your knowledge, Mark.
Truly appreciate your great work to share and help people~ Thankyou Professor🌻
Simply put ......you're just awesome......This video is superb.........such wisdom
Thanks for great content. Please keep them coming. Super informative!!
I'm glad you talked about options, Mark. It seems most have not seen the beauty that they offer.
Thank you very much professor. This video is gold, teaches us how to think and how to use options in different market conditions. I can't tell you how many times I sold covered calls on down days and lost all the upside when the stock recovered few days later.
Please make more videos like this when your time permits and thank you again for sharing your knowledge with us.
You are so wise. It's a privilege to watch your videos.
This video was awesome. Super interesting to not just hear your opinions on markets, but to also hear what strategies you use based on those opinions, how to adjust if the market is moving against you.
I also really like how you talk about options, and say why you buy them at X strike and Y expiry. During my undergrad, it was a lot of "here is what a call is, and here's why you would want to buy/sell them, and here's how to value them", with little guidance on when you should consider ITM/ATM/OTM, when you'd prefer certain expiration dates over others etc.
Thank you Dr Mark for taking the time to make this video. It would be great if you could create more videos with applicable contents. I studied Finance and Economics but ALL the courses I took was so abstract. Your university students were really lucky.
Really enjoyed that analogy of drawing a parallel between the risks of investing in the market and the risks of starting your business. Lots of people see investing in the market as a "casino", sometimes including myself and I have to watch out for that bias.
Appreciate tying the CFA content into practical day to day investing as a retail investor, it helps see that knowledge in action!
Pure gold! Very well put and great advice.
simply brilliant , thanks Mark ! greetings from France
He definitively knows the stuff...genius level....he does not need the CFA charter, the CFA charter needs him
Just want to give a huge thanks to your video. Ive been able to climb myself out of the gutter ever since watching your video. Thanks. I hope you could give more tips on managing portfolios
Professor You are best. Never miss your video. Too informative
Great Fathers Day gift. I am L1 Dec-2020 student. Thank you very much Mark.
Just a wealth of information! Thanks, Mark!!
Outstanding content, as always
Wow! Excellent video, you got a new subscriber.
Please add more videos showing this type of hands on, practical stuff. Specific examples would be appreciated. Thanks again!
Thank you for this video. It has opened my eyes to the other side of options. I've been a buyer up to this point but selling could be a great way to buy some of the companies I've had my eye on
For all the time and energy you put to come up with rich content videos like this and for sharing your deep knowledge and experience with others: THANK YOU!
As much as I try to skip many other so-called investing videos out there that UA-cam recommends, I am always waiting to watch your next.
I hope I/we can do something to increase your number of audiences. If there is anything, I would love to do voluntarily.
Kind and humble of you Dr Mark. You didn't put a pic of Lamborghinis and chicks on your left right yet you made a best content
Thank you Mark! I always learn something new listening to you. I’ve just ordered all the books you recommended on the previous video. Didn’t even have to pay for them. I know what I’m reading this summer for sure! I’m 19 and I aspire to have your kind of knowledge one day.
A special thanks from Italy.
See you in the next video.
Lorenzo.
Hi, I completely agree, his videos are extremely valuable. May I ask you which are the books he recommended? Thank you very much in advance!
This one completely changed one's mindset as a retail investor - Long term approach, volatility is opportunity, passive approach is like slow & steady wins race.
Fantastic video as always Mark !!!
This is absolutely gold!
Bit late to the party on this video as it’s a couple of years old - but this is hands down one of the best videos on investing I have ever watched. Focusing on one industry to become an expert is something I had never considered but it makes perfect sense. Many thanks for sharing your wisdom! 👏👏
Thank you for sharing knowledge to those who were never taught, new subscriber here
Excelent video, thank you for sharing your approach. Respectfully.
This is amazing. Thank you so much!
Thank you Dr. Mark, very helpful!
Fantastic! Sage advises! Thank you very much!
Mark , you are such a great teacher.
Very insightful and priceless Dr.Mark, thanks so much! It's a shame that non-EU countries from Eastern Europe (i.e. my homecountry of Serbia) are too constrained with the extraordinary trading fees through various platforms, some of which are even affiliated with Interactive Brokers. This is especially true for the options, with the usurious fees and demotivation of even trying to think about various option strategies! I have a huge problem implementing my CFAI knowledge due to mentioned reasons. Alternatively, if we want to open account directly on IB, there are problems with foreign transfers and withdrawals, which are again, ultimately complicated and expensive.
Great content. Thanks professor!
This is the 4th time (I think) I am watching this video and I still learn from it. Uh.. I wish we could get more of these videos! Thanks again Dr. Mark
You can register at www.markmeldrum.com for free - you will get the complete Applied series there for free.
The best instructional video I've ever seen
Thank you for this video. I did not watch it yet, but you are a LEGEND so...
Mark, this is brilliant. I can't believe it's free content haha! Thank you
Thank You Mark for Your time and insights! Really enjoyed the idea of acting according to the market movement and not trying to forecast it. What alternatives would you recommend as risk management besides options strategies, mainly for those people who have lower capital in their investment portfolio and just cannot to buy/sell at least 100 shares on each position?
Thanks Mark that helps a lot! always inspiring
Thank you for this video Mark!
This video gave me ton of knowledge and insight!
Great video! Interesting, inspiring and even funny 22:38 "Hertz,.... the stock is worthless, we have no idea why people are buying this...."
I think I'd find it more difficult not to watch all of this video, such great value.
some of Mark's videos deliver catharsis to me. This one is of that kind. Mark is definitely a teacher in a wide meaning of that word.
This video really made a lot of things click for me. Have watched it several times and it is surely one of the most valuable videos I've ever watched. Thanks very much Dr Mark.
I do have a question if you ever come back to these old comment sections: Would it still be wise to use puts to add positions in a small-mid sized retail portfolio (say $50-100k)? For instance if I was into the tech sector and I wanted to add an AAPL position, selling a put and getting put the 100 shares at say, $175, would use almost 20% of the account's capital. I could just purchase shares but then I lose out on premium, or I could target lower priced stocks, but then I feel like I'm not really targeting the stocks I'd want to own most.
Thanks for the video Professor. Would request you to provide some insights / video as to how do you structure a portfolio - number of stocks , weightages and drawdown acceptable and when to book profit. Do we grow the corpus size or book a percent of the profit and balance reinvest? Have read about all this but in actual practise have not found any great leads on this matter.. basically the end goal is to beat the benchmark but how to manage that consistently?? Would be of immense help if you could guide on this matter! And thanks for the great work you provide!
Looking forward to give cfa ,would like to join your test prep.Great content.
Thanks for the great content as always Mark. I was wondering if you could shed some light on your asset allocation with regard to the SPY, REITs, and the various ETFs you own. I realize that your asset allocation will change depending on what’s happening in the market, but if you could provide a range in which you generally operate between these three areas that would be very helpful. Thanks again
Hi Mark, this was a great video and would love to keep hearing more from you maybe a podcast? General market thoughts?
Thanks man
Mark minirvini and you are my fav
Thank you Mark Meldrum!
Hi mark! Awesome content! Not my main job but I ve sat for CFA I and II, candidate for Level III now. Haven't taking your courses but i know your focus is on making the students learn the concepts and not only pass the exam. Given the angle of this video, have you thought about creating a course for CFA holders dedicated to retail trading strategies? Would definitely subscribe to that one given the professional approach you take to teaching :) thanks again!
Very nice video! Thank you so much!
Amazing content, thank you!
Mark's the best!
Thank you for sharing your knowledge
We love you Dr. Mark
Really great video thanks
Thank you professor mark .
CS grad with a new found interest in finance. I guess I'm lucky to have found your channel early in life. I'm not from the US but I find your videos insightful nonetheless. Thanks Mark!
@@gwills9337 Can you recommend other youtuber related to this topic? :)
@@gwills9337 yes I have realized that if it was actually possible to make money, many smart people would already be very rich. I'd like to dream I could somehow be *that* guy, but I have quickly become wary of the *chaotic* nature of markets that you talked about. Also, I think psychology plays an even bigger role than I read about right now. There are a HUGE number of people who are totally unaware about how the market functions (including me, till a while back) and I actually feel that herd mentality is understimated.
I am realizing slowly that there is a LOT to learn in this field, and tbh it excites me. It also seems funny how people try to use basic machine learning models and a couple of headlines to make 'stock market prediction' projects (without basic financial knowledge) when there are actually too many factors to consider.
I'll check out the link you mentioned, thanks!
Thank you for this amazing video. what day to expiration do you choose for selling your Puts and Calls ?
Nice video professor
Man, I miss these videos! Mark, please make them more...
Thank you for this mark
Hey Mark, would you be able to do a video (or link one if you already did) that explains how to read options chains?
Your North View Apartment REIT example reminds me deeply of Warren Buffett’s “risk arbitrage workouts” during his partnership years back in the ‘60s.
Thank you very much Dr Meldrum, great video! I just had two questions please;
1. I noticed you were discussing securities you own across both Canada and the US. Do you hedge for currency exposure and would you recommend retail traders do this?
2. I am interested to know why a mortgage REIT would trade at a premium or a discount to Tangible Book Value at certain times. Would you have a video on this or any book recommendations on the REIT sector that would touch on this also?
Thank you for your time!
1. I can hold multiple currencies in my account, so no, I don't hedge since I don't need to.
2. mREITs are basically worth the value of their net assets. Unless they have a business model on top of the assets, there is little reason to pay a premium.
Legend thanks Professor.
would love to hear about your experiences in real estate !
This is great🙌
Many thanks for the valuable information. I have made several notes during the video, because I am currently facing a similar career decision (asset class focus vs generalist)
I don’t know what this means.
@@MarkMeldrum I apologize, it was a reference to users from reddit. However, I edited the comment! :) WallStreetBets is a Reddit community of traders who share high-risk investment strategies, many of them posting screenshots of their 95% loss.
very eye opening. Thanks.
Great video Mark! Do you use margin when selling the puts?
Great video Mark. What is the name of the ETF of bonds that you mention?
Tks!
Mark, thank you for taking the time to share your strategy with the markets. I was wondering if we could get your thoughts on the popularity of technical analysis and CFAI concluding that it isn't really a proven alpha generation methodology. The other question I had was, are you selling naked calls and puts or do you always own the underlying? I know alot of brokers don't allow the naked option strategy.
I typically own the underlying to sells the calls, unless I am engineering a synthetic short on a name. Naked puts however. But if they are put to me I have the ability to buy them. I typically never sell more than 40bps or 50bps in put premium against equity value. So $100K in equities for example, I will sell up to $500 in put premium per month.
Such a fantastic video, a sophisticated yet graspable strategy for a retail investor (like myself).
Two questions I was hoping you could answer Professor:
1. Looked at like a business, what initial investment would a strategy like this require?
2. What indicators do you use to determine a likely up or down trend? (macro, news related, technical etc?)
1. That is all relative to the person.
2. That is a book chapter, not a comment. Plus years of experience. And even then, its just a best educated guess.
Dr. Meldrum. wherein the spread range do you place your options orders? Do you check the option price implied by the volatility? if yes how? lastly, what maturities do you usually choose? short like the next upcoming or more long term ones?
Dr. Mark. This is great work. Thank you so much for taking time out of your busy schedule to educate us. This is so valuable. I have few questions
1. What ETF(s) specifically you like that capture that higher quality high yield bond that are likely to be upgraded to investment grade at some point referring to time stamp @18?
Thank you for making this video, Professor. Are there any circumstances under which you would consider buying puts?
Yes. I have long puts on BYND after stepping out of a risk reversal.
Mark, do you also use more complex options such as strangles, staddles, butterflies etc? Or do you stick to the basics i.e. calls/puts? By the way, do you only SELL options, or also buy?
Thanks for the amazing insights. But could you made timestamps for your videos ?
Always enjoy a nice long video on how to implement. Could you recommend any websites to keep up to date with REIT info/transactions?
www.reit.com
Dr. Meldrum BIG FAN! Any chance you begin to teach entrepreneurship or the opportunity of starting a business with covid-19/technology/counter cyclical trends!? Would be very interesting for a web series on that!! -thanks D