I would have liked to see the inventory level come down a little bit more, but I feel like they made progress and this sets the stage for their third quarter earnings report, which we'll get in three months. I'm trying to get my head around like what a reasonable expectation is for shareholders because I agree with you and I'm one of those Target shareholders. Even as they were foregoing some future revenue and frankly, promotionally discounting some longer-term goods, they're paying more at the unit level for groceries and hey, we are too.Ĭhris Hill: We are, and shares of Target are down a little bit today not that much. Instead, they are piling into food which is a great attractor for foot traffic, their costs are going up. But as you mentioned, the company has shifting out of some of those goods we were buying during the pandemic like electronics. The inventory balance didn't really change that much from the last three months. Although for those of you who have had very small dermatological procedures and ripped off a band-aid only to see this mole looks about the same as it did before. This was like a rip the band-aid off quarter.

More territory, edging out rivals, launching the next Spotify - it’s all part of the same frantic endgame.Asit Sharma: I agree, Chris. From hungry startup founders to ruthless dope dealers, everyone in this tense drama is after the same thing: The big score. “From the hacker scene in post-reunification Berlin in the 1990s to the idealistic world of early Silicon Valley and the harsh reality of a multi-million dollar lawsuit, The Billion Dollar Code tells of a great friendship, loyalty, and the question of justice in the digital age.” Snabba Cashįor a different kind of hustle, with less savory strivers from Sweden, another criminally underrated Netflix series that’s absolutely a must-watch is Snabba Cash (which translates more or less to “fast cash”).Īs I’ve described it in the past, the Sweden in Netflix’s compulsively bingeable crime drama Snabba Cash is a land of the endless hustle, a place where entrepreneurs fetishize bling and getting rich quick, and where swaggering business titans with outsized egos make pronouncements like I am the system.

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