The bad news is, this July 25 th twist is also likely to make Biden and the progressives more powerful than ever. I believe it will make millions of Americans vastly wealthier. The good news is, this powerful new force can help you make a lot of money even in a bear market. In short, a powerful new economic force is quietly building behind Joe Biden… and I’m confident Biden can harness this force’s inevitable wave, carrying him to a LANDSLIDE re-election win. Well, it’s almost entirely because of a surprising July 25 th “twist” that hardly anybody’s talking about right now. I believe he will not only run again next year, but could win a 2 nd Presidential term… and by a LANDSLIDE.Īlong the way, I believe Biden could become one of the most powerful Presidents in history. Participant in any transaction having that purpose or effect.Īfter reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true,ĭespite Joe Biden’s age, raging inflation, and his dismal 45% approval level… Ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a Joint filing agreement dated September 26, 2016.īy signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the Identification and Classification of Members of the Group. may be deemed to be the beneficial owner of all shares held directly by PAR Investment Partners, L.P. The sole general partner of PAR Group L.P., is PAR Capital The sole general partner of PAR Investment Partners, L.P. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Ownership of 5 Percent or Less of a Class. (3) Number of shares as to which PAR Capital Management, Inc. (ii) shared power to vote or to direct the vote 0 Power to vote or to direct the vote 7,100,027 (2) Number of shares as to which PAR Group, L.P. (iv) shared power to dispose or to direct the disposition of 0 (iii) sole power to dispose or to direct the disposition of 7,100,027 Shared power to vote or to direct the vote 0 (i) sole power to vote or to direct the vote 7,100,027 No cash balance or cash flow is included in the calculation.(c) (1) Number of shares as to which PAR Investment Partners, L.P. Please note all regulatory considerations regarding the presentation of fees must be taken into account. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. Actual performance may differ significantly from backtested performance. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Backtested performance is developed with the benefit of hindsight and has inherent limitations. This information is provided for illustrative purposes only. No representations and warranties are made as to the reasonableness of the assumptions. Certain assumptions have been made for modeling purposes and are unlikely to be realized. Changes in these assumptions may have a material impact on the backtested returns presented. General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. Backtested performance is not an indicator of future actual results. Disclaimer: The TipRanks Smart Score performance is based on backtested results.
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