USD demand is very high globally and domestically right now. Let's hope that doesn't change over night.
1,788 karma · joined April 25, 2011
USD demand is very high globally and domestically right now. Let's hope that doesn't change over night.
Can mosquitoes transmit this virus like they do malaria?
When you have symptoms? Too late.
330 million people testing weekly? Not possible.
There is no realistic way to mass test everyone in a meaningful way.
I'm my area a local maker group has coordinated with the local hospital to print and distribute face shields. We have about 25 makers printing them now.
I would check local maker groups or contact your local hospital to see what they're accepting.
PE ratios are in the normal range.
How do you justify your position?
What are you comparing it to? RE? RE isn't passive.
I think it makes sense for the parks to stay open, but close the visitor centers and any other place people congregate.
Is that what I said? No, it's not.
No one is depriving themselves of needed liquidity. Liquidity-need is forecasted, as is the expected IRR for the cash on hand if it were re-invested into the company. Ultimately, companies decided share holders got the best return with buybacks.
Edit for what I thought was obvious context:
If you had a full-time job and where forced to go to meager part-time hours, it might be better to just get laid off and collect. I had a friend in this situation. It would have been better for him to have been laid off.
Two people at a grocery store, both with an entire shopping cart full of dried pasta. One has twelve mouths to feed at home, the other lives alone.
How do you police that or distinguish who is selfish?
It's a hive mind where dissenters are punished via down votes for hurt feelings.
Regarding people being selfish... There is nothing selfish about self preservation. The problem is we have a negative view on "price gouging" which is just economic triage.
There wouldn't be a run on toilet paper if it cost 10x the normal price. It costs you nothing to stock up, so people do.
There is no multi-factor analysis being done, only single factor correlations that the authors want so badly to point to evil capitalism as causation.
Except Santelli was clearly (but poorly) trying to argue that Coronavirus isn't that big a deal, as we'll all find out eventually. He wasn't actually proposing or "calling" to infect everyone.
He was just saying it will take months for people to realize how small an issue this is and infecting everyone would shortcut that time table, very tongue in cheek.
I have a background in financial modeling, using exponentially more observations, in a less chaotic system, with participants betting on the models with real dollars. It makes climate change models look like simplistic toys, which most are.
There is NO consequence of being wrong with a climate model, no shame, and there's a high degree of survivorship bias. Climate models that have been right, have been right for the wrong reasons. Climate models that have been wrong (most) are long forgotten and never discussed. New models come out all the time to hype fears for events that prior models predicted would be happening now (and aren't).
The question isn't does the climate change, the question is do we understand it at all.
What do you think happens in that 100 years? I assume this would be a near linear progression. That means current waterfront has about 10-20 years, not 100.
Real estate is about the closest thing to putting your money where your mouth is as far as climate change goes and the people have spoken - the coasts are still the most valuable and desirable places to live.
If you still believed what was once the consensus, you would believe in some crazy stuff. Science is skeptism of the consensus, not the other way around.
Just look at coastal real estate. Buyers and lenders would have to be colossal fools to pay such premiums to be waterfront. Even Obama just plunked down 12M on a waterfront mansion on the low lying island of MV.
We didn't have labor and environmental arbitrage like we do now. One could email IP to someone in China who can mass produce it, with lower quality, lower costs, higher environmental impact and ship it across the Pacific a month later.
300 years ago, if someone stole your windmill design and took it to china, you'd never know.
Only after you conflate those two, you can equate success with luck.
Once you get out of SV, business success has little to do with fart apps and birds that are angry or have flappy appendages and more to do with skill, knowledge, and hard work.