sleepydragon

He did say he didn’t think this would go away by summer. And he did say things are very different now from the time he did the CNBC interview. And he did say we have past the best windows to control the situation. And he said he listen to bill gates about this. And Gates now resigned from this board seats , likely fully focus on this. He also said he mentioned epidemics in his annual letter. And we know he also said stock could go down 50%. He did say it could be not a big deal

It would be funny (in a sad way) if Trump got rid of Powell and put someone there who would give him negative rates...and that might just be enough to spiral the world into something possibly worse than 2008. Where this really gets wicked are the secondary effects and the tail risks. What if the US policy responses are the wrong ones? The more Trump messes up the worse he makes the situation - a classic negative feedback loop. The real question: what is currently stopping Trump from doing really destructive things? Democratic House is not enough. Will the Republican Senate stand up to Trump? Not so far... The stock market will figure this out at some point and discount it... Only coronavirus. But .. he just tested negative.

Why do you say that? This is related: https://apnews.com/f20e530ae6dfe4926f81a11905425e2b Could you imagine what would happen if Trump got it? Though...I'm sure we would never find out unless he got super sick. Shit, this can’t be good for BAC. The ceo was sitting next to Trump when he meet bank ceos.

Web has said: it’s hard enough to guess which direction the stock goes. If you are more right than wrong on the direction you can make a lot of money. You don’t have to know when too. And “when” is way harder.

Confirmed cases in NYC locations: 1) One Grand Central Place, 60 East 42nd St 2) Barclays, 1301 6th Ave (2/F Trading) 3) BlackRock, 55 E 52nd St (10/F) 4) Salesforce Tower, 1095 6th Ave 5) 1411 Broadway 6) Point72, Hudson Yards (Research) 7) Morgan Stanley (1 Penn Plaza&Purchase Office) 8) Brookfield Asset Management, 250 Vesey St 9) Jane Street, 250 Vesey St 10) 30 W 24th St 11) RBC Capital Markets, 200 Vesey St 12) Meetup, 12 East 49th Street (3/F) 13) IBM Building, 590 Madison Ave 14) 4 World Trade Center, 150 Greenwich St

Someone in our town was just diagnosed with the virus. This person is now in induced coma (he is high risk group due to some heart problems). He got infected after returning from a “security conference in SF” at the end of February. I googled. And this is the conference I found in SF that is in the area of securities: https://www.rsaconference.com/-/media/rsac/usa/2020/files/daily-addendum/addendum_us20_2_28_20.pdf?la=en&hash=EB85A0855094D24B7B3A863BAC96EF5A09EBF87C All those people attending, probably all at risk.

Sold MMM and FIT at this morning’s pop.

I don’t get why people like Lagavulin. I had one bottle. My friend said it tastes like old socks. Lol

I can’t even login to my 401k account anymore.

Berkshire shall seriously consider canceling this year’s annual meeting. Do the online only version. We don’t want WEB get infected nor many shareholders who are attending. There are lots people from China, Middle East, and Europe coming too. Too risky!!

during the last couple of days, bought 3M, BKNG, FIT

Someone shall look at the prints after mkt close to see if there’s any off exchange trades. I image anyone, including market makers, who want to sell would want to call Omaha first to avoid mkt impact. So quite possible there will be a lot of off exchange trades.

Oh my god

https://twitter.com/inteldotwav/status/1226267582740811777?s=21 m

There is currently a huge smog in Wuhan. But there is no factories open nor people on the street. It is said the smog is from burning bodies

Wechat ID: abyli333 Lol. I am also your wechat friend

For the Chinese on this board, we shall start a wechat group

This virus has no symptoms initially. By the time you have fever, it need to be treated very quickly. But a lot of people died because they couldn’t be admitted to the hospital. This is a country who gave billions to Africa and boosted about their Trillion dollar GDP, yet they don’t even have enough masks at times like this?!

I read a lot of people in Wuhan died but they are not counted as dying from the virus because they were never tested. The government says all corona virus patients will be treated free of charge. But when the patient go to see the doctor, the doctor will only give diagnoses saying it’s inclusive infections. So nobody get treated for free. The body burning sites at Wuhan are running in full capacity and are buring 200 bodies each day

https://www.thesun.co.uk/news/10810762/coronavirus-outbreak-virus-escaping-chinese-lab-warning/

There are rumors saying that the virus was accidentally released by a military research center in WuHan. It was initially intended to be used to stop the protests in HK. It certainly did wonders in Paris. As soon as a woman from WuHan arrived in Paris, protests stopped and people rushed to buy musks. Lol

Yes, what you said is true. The one big issue is the doctors do not have enough supplies, the doctors and nurses do not have enough masks and eye protectors! The government say we do not accept overseas donations, but the doctors and nurses everywhere are crying online for international help! This is just one: https://mp.weixin.qq.com/s/r0MgCEtpYRocZECSPcpDXA The doctors have no masks, no eye protections, no food!

Going to hurt all the travel related companies. I.e Booking/Pricelines

There are videos online that people walking on the street just fainted and fell.

Lol what? How were they diagnosed BEFORE being hospitalized? Why not? They come to the hospital, wait for 5 hours while infecting all other patients waiting in line (and being infected as well). Then they met the doctor, who asked the nurse to do a series of lab testing for them. Then results show positive. And doctor says sorry we don't have any beds for you today. Go home and try to come here again tomorrow to see if we have any empty beds. I have read that many patients who went to the hospital and asked to be tested and were denied the test. It’s an expensive test and the doctor says they need get special approvals. A lot of people who got turned away from the hospital and stayed at home were not counted in the official stats.