Transportation and Logistics Systems Inc (TLSS)

[MrPuff]

2nd "M" in successful investing:

"Moat: Your business has to have a strong moat or it won't be able to sustain long-term growth through all sorts of economic ups and downs."

I'm going to be quite honest here. While there are many who are optimistic that the economy is going to recover quickly, I am afraid I am not one of those. Politics aside, the Covid-19 crisis along with the government response to it has almost guaranteed a long, slow economic recovery. Some say it could be 3-5 years before we our economy fully recovers because Covid ain't going away any time soon. In fact, combine flu season with a Covid pandemic and inadequate testing, there are going to be a lot of people staying home in the next 6-12 months.

Ok, that's the bad news. I was watching a commercial this morning about investing in gold. "Hedge your portfolio by buying gold" they say. Sure, ok. No problem. I get it. The economy is shit and so take your money out of stocks that will get hit hard and put them in a safe haven - gold. Maybe Crypto.

While all the above is true, and many businesses that are going to fail because of the economic impact of Covid......watch it......

.... and here's the good news. We are in the exact business that Covid is bringing to the forefront. Home delivery!! Folks, I believe we will be making money is this economic downturn while other companies lose money.

I believe we are in the right company at the right time with the right leadership!