#Velocity profit multiplier jim fink movie#

I’m Looking For Companies That Are Holding Up Well Nobody knows when the bottom is, and anybody who tells you otherwise, turn and run the other way.

My point is don’t rush… Don’t feel like you’ve missed the boat on getting in on the exact bottom. Airlines, casinos, salons, gyms… the list goes on.

#Velocity profit multiplier jim fink movie#

Hotels aren’t going to be able to turn back the clock and make up for folks not staying at their hotels, movie theaters can’t make up for lost Friday and Saturday nights, retailers and restaurants can’t make up for consumers staying at home. Millions of businesses have seen sales dry up, but they still have costs that they need to cover: rent, debt payments, salaries, etc. Instead, just consider the economic side. Just last night, the President told Americans what to expect over the next couple of weeks. Personally, I have a hard time believing that the market is already over the plunge in oil prices, the growing number of cases of COVID-19, and all the economic damage that will come out of the sudden halt of our economy. Of course, nobody knows whether we’ve already reached the bottom in the market. Just like we persevered through the Spanish flu, we will get through this one. These are strange times… but this isn’t the first, nor the last pandemic that we’ll face - and conquer. states have issued a “shelter-in-place” order for folks to remain home. In three months, it’s spread to nearly every country in the world, infecting more than 887,000 people, and killing more than 44,000.įolks are nervous, scared, and bewildered. Think about this… when we celebrated the New Year there wasn’t a single case outside of China. The coronavirus, or COVID-19, has wreaked havoc on the world, and our everyday lives. Just over a century later, we’re facing similar circumstances. It’s worth noting that while surrounding communities became infected with the flu, it never quite reached the quarantined community in Round Valley. And as the local paper said at the time, “If every community in the country would follow the example of Round valley the Flu epidemic would run itself out in short time.”

The 1918 flu was the deadliest pandemic of the 20 th century.įolks in Round Valley were first in the country to quarantine their community. One in ten died from it, including about 675,000 in the United States (there were roughly 50 million deaths worldwide). It’s estimated that roughly 500 million people (one-third of the world’s population) became infected with the virus. The H1N1 virus with avian origin was first identified in the spring of 1918. This was October 1918, and the Spanish Flu was wreaking havoc on the world. They immediately shut down their roads from visitors, taking no chances with the deadly pandemic. Officials of this small community took immediate action as the flu epidemic swept the country. Their community - settled in Round Valley - was on lockdown. Their job was to prevent folks from entering their town. The road to the north of town was also heavily guarded. They had barricaded the only road from the south that led into their community. Perched in a saddle at 7,160 feet was a wall tent filled with a handful of armed men.