Polen Capital, an investment management firm, published its “Polen Focus Growth” third quarter 2021 investor letter – a copy of which can be downloaded here. A quarterly gross return of 2.78% was delivered by the fund for the third quarter of 2021, outperforming both its Russell 1000 Growth benchmark that delivered a 1.16% return, and […]
Airbnb stock has dazzled investors since its Nasdaq debut in December last year. From its initial public offering price of $68 per share, ABNB stock has soared as much as 223%.
Last year, pandemic-driven business closures weakened global supply chains, reducing the availability of raw materials and other goods. This chaos is already impacting consumers, who are finding it more difficult to buy everything from automobiles and electronics to household products and medicine. Unfortunately, experts believe it will be at least six months (and maybe more than a year) before supply chains normalize, meaning industries like construction, manufacturing, and retail are likely to face significant headwinds for the foreseeable future.