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The one where I eat humble pie about Carnival Cruises

By Chris Bailey | Friday 20 March 2020

Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

I talked about the ongoing 'company playbook on Covid-19' earlier in the week and the steady stream of updates about uncertainty and credit lines continue apace in today's regulatory news disclosures. It is all about resilience and persistence and - to put it horribly bluntly - survival for corporate names. Those who exhibit such traits will have higher market shares in a couple of years time (on the assumption of a return to normality naturally)…

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