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If you go back to the time of J.P. Morgan, the world of high finance was completely wholesale. The prestigious investment banks on Wall Street appealed exclusively to large corporations, governments, and to extremely wealthy individuals. ↗
Mutual funds have historically offered safety and diversification. And they spare you the responsibility of picking individual stocks. ↗
But I think the bottom line right now is to take the constructive criticism and use that to build toward, as I say, the hurricane season that is 100 days away. And we don't have a lot of time to waste before we start to address that next set of challenges. ↗
#away #before #bottom #bottom line #build
The second is there are some communities that we thought originally would take mobile homes that have decided they don't want them. And we're not going to cram mobile homes down the throats of communities in Louisiana and the Gulf - and other parts of the Gulf Coast. ↗
#communities #cram #decided #down #going
