Dear Fellow Shareholders, This is my second letter to you. Boy, what a year 2020 was! I’m going to start this letter by beginning at the end of the previous one, which came out four weeks after the COVID-19 Pandemic started to dominate our daily lives. I regularly describe 2020 as the longest and fastest year on record. We entered a generationally defining event abruptly, without any advance notice to prepare for the changes that would be forced upon our way of living. We got to witness some pretty wild things in 2020: Shelter in place and stay at home orders. Non-essential businesses forced to close. Massive unemployment, particularly in industries hit the hardest by the government orders given to …
