Followers of this blog may recall that we got into a bidding war for our new home, paying hundreds of thousands of dollars over the asking price and fair market valuation. Prices in the real estate market have been driven up by the Coronavirus pandemic in which many are seeking safe refuge from the virus in suburban settings such as Concord. We made some of that back on the sale of our current home which was buoyed by the same market forces. The remainder, I made back today when I sold several positions in the cruise and air travel industries. Both of these sectors tanked when the financial implications of Covid-19 first became apparent and I decided to invest heavily since the fundamentals of both suggested they would eventually recover. With the promise of an effective vaccine on the horizon, they surged to new recent highs and I walked away with a 2.5x return.