I’ve been really busy lately replying messages and moving money around. Still, I wanted to post quickly my thoughts on how I will be investing for the second half of 2020. It seems like COVID-19 will be with us much longer than I expected. Travel this year is out of the question, and there is still a lot of uncertainty about it in 2021. With the discussions of stepping down government support soon, I think many companies will throw in the towel. Many were hopeful that COVID-19 will pass in a few months, and hung on. But it’s becoming clearer that restrictions will be lasting a long time, perhaps years. It’s so tough. Revenue is halved because of safe distancing measures, yet compliance costs has increased. How many can survive like that? There was a very good interview with DBS’ CEO at CNBC. He says that the worse is yet to come, and I think he’s right. Once government support goes...