Why I Love To Blog -- Reason #346 -- September 3, 2020

Jobless: an incredibly good report, especially the productivity report. Immediately after the news, the major indices:

• Dow 30: from 50 points down to 10 points down; the Dow 30 now goes green -- whoo-hoo!
• S&P 500: down only 18 points
• NASDAQ: was 140 points down; still 140 points down;

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.

EPD: a 54% upside -- SeekingAlpha contributor. Archived.

EPD operates one of the largest networks of midstream, processing, and energy storage assets in North America, with 50K miles crude oil and natural gas pipelines, 22 natural gas processing facilities, 24 fractionators, and 19 deep-water docks, handling NGLs (natural gas liquids), PGP (polymer-grade propylene), crude oil, and refined products. It also has a marine transportation business that operates primarily on the Intracoastal Waterway systems.

BRK-B: with AAPL falling a bit yesterday, what did BRK-B do? Up 1.43%; up $3.13; closed at $221.68. 

Fox Business has introduced a new portfolio tracker (I don't care) and a real-time market app (awesome).

Batteries: Bill Gates-backed vehicle batter supplier to go public through SPAC deal. Why I love to blog: see this post from July 13, 2020.

LEGO: one of my favorite companies. We have a LEGO minifigures and bricks store just down the street from where we live. I make it a point to stop in once every week to see what's new. I seldom walk out without purchasing something.

I've blogged about these stores before. They are quite amazing. These minfigures and bricks stores, I believe, are now owned by the parent company, LEGO. I am amazed that the minifigures have become a "thing." The average price of a minifigure seems to run about $8. One can buy many at $5, $7, and $8. My upper limit is generally $12 -- the most I will spend on a minifigure. Having said that, there is a minifigure now selling for $70. It's tempting.

There are many, many minifigures that sell for upwards of $30. But I digress.

This is what has really gotten me excited. Apparently, LEGO has recently agreed to make its new products available through these "re-sale" stores. This week, the minifigs and bricks store down the street from us will receive its first shipment of "new" products being released by LEGO. Up until now, one had only three sources for new LEGO products:

• on-line;
• the rare LEGO brick-and-mortar store, found only in a handful of cities; and,
• LEGO Land in San Diego;

• Other links to LEGO on the blog regarding the minifugure stores:  

• $100 Kobe; 
• the LEGO story;

LEGO: posted earlier -- Lego sales surge. LOL. Link: https://www.foxbusiness.com/markets/lego-sales-surge-coronavirus. 

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Tea With Corky