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. As I mentioned before, this is why it’s possible for John Mayer I’m Going Solo Shirt to beat Q3 2021 guidance and still have their stocks go down the toilet. It’s no surprise that the companies which are more speculative (with no revenues and cash flow to back up their valuations) get destroyed first, and then the mid-caps, and then the more solid companies with the revenues and cash flow to back up their valuations (e.g. Tesla, Google, and Facebook)? In fact, the large and mega-cap companies (or “liquid leaders”) are typically where large hedge funds and financial institutions “hide and take shelter” when they notice that something is wrong and a bubble is inflating. And so, they slowly start to move from more speculative names to the “safer” and large-cap names.

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Among my duties was to keep seasonal decorations up to date. In this huge store that meant everything from designing window murals on glass to puppet displays in the John Mayer I’m Going Solo Shirt and decorations hung from the ceiling. That year I decided I wanted to have Santa having a beach Christmas as a new thing- I had not seen it done before. The signpainter and I sat down and designed a scene where Santa’s sleigh was drawn by kangaroos and koalas sat on the sand with waves in the background. This was for the huge front windows. Well the signwriter went away and came back with stencils he’d cut of the scene and asked me if he could use them for other clients. I said yes, that year Santa on the beach became very popular!
