Gregmal

So the assumption is what? The Ackman trade? Didn’t really see anything in the article detailing any specific trade. Just the same type of index and hedge stuff that’s been floating around like spam on twitter lately. Actually after checking, it’s from the same dude who is responsible for a lot of those tweets. This stuff is always cool but often it’s either inaccessible to most investors(the instruments to put these trades on) or its some wild awkward looking angle some guy sees that make him look genius when otherwise he s out to lunch. Kind of like John Paulson. Greatest trade ever and then lost most of his fund in an easy to see bull market over the next decade.

Neat idea and hardly(to my knowledge) a crowded institutional idea either. How do look at structuring this in a cost effective manner? I gave it a quick glance and put it on the "take a look at" reminder list for later. But briefly, couldn't you construct a cheaper expression with an outright short and some calls to hedge? Or is this a "big expected downside so go really far out of the money" situation?

I think it's a secular trend and why I hate office space based real estate companies. But it won't go away overnight. Think malls, except nobody actually likes going to work. People still like going to the mall. But logistically, its not really great. So many people have told me how their biggest problem during this shut down is getting anything done with their spouse/kids constantly interrupting them. Maybe some wealthy folks have real home offices, but not most normal workers. Good luck getting your spread sheets done in your 2000 sq ft home with your wife and 3 kids... Finance professionals should be able to no problem. But the egos need to be caressed with wasteful corner offices and trophy pictures on display for clients, so those will stick around. But really, anyone in accounting/finance should be able to. I work from home, and have several small offices in different cities for the purpose of accommodating folks and getting out of the house. Total luxury though as they arent needed one iota. Need to meet a client? Take the client out for a nice meal and write off the $500 and the experience will be better than wasting thousands on an office.

Lol 100% this. They’ve lost it. Remember, NY elected officials are doing a heroic job overseeing the biggest Coronavirus disaster hub in America despite months on inaction, but Trumps response is the worst in history. Maybe Burry owns stocks he thinks are good values(value investing, you know?) and can also have an opinion. Maybe he thinks if the situation is handled right, things work out? How horrific he voice that or have money invested anywhere! The only opinions that matter are the ones from the circus crew. Who peddle fear and refuse to be transparent about anything, refuse to make ANY trackable projections or commit to ANYTHING...who run their mouths consistently but “don’t owe anyone anything”... yup

Viking, I don’t disagree. There’s blame to be had pretty much everywhere. I’ve said as much. It’s typical of pretty much any situation; something goes wrong and people feel the need to point fingers. My greater point was to highlight how ridiculous we can get, on both sides, if we really want to engage in deliberate cherry picking, misrepresentation, and peddling of partisan propaganda.

This comedy just keeps getting better! So Cuomo, who did what exactly in January and February to "prepare" is a hero and did a great job now. While his brother Fredo sits around peddling fear and laying it on thick "ooh me tummy hurt, I see dead people!".... meanwhile, Trump, did an awful job managing the entire country; forget the fact that if it wasn't for disaster NY, the country's numbers would look significantly better. Got it! Again on a logical basis, a total failure. NY is by far the biggest mess in the country. It was(maybe LA gives it a run for the money) even before coronavirus. Cuomo picked up the slack big time and did a great job starting about a month ago. But to claim he did great while Trump did terrible is just so laughable. But thats how it works in leftyville. We do our own thing and when it turns into a mess blame Republicans, while also turning to Uncle Sam for help(where did most of NYs PPE come from)? Oh I forgot, they had it on hand and didn't need any right. Cuz they were just so well managed and prepared because Cuomo and De Blasio, your elected leaders, really nailed this thing!

Bingo. The line from Ben Rickett in big short comes to mind. “For every 1% uptick in unemployment, 40,000 people die”. Or something to that effect when the kids are cheering the market crash. Let’s hope that isnt the case because this major overreaction could have been massively more costly than this super-flu with a social media following.

It’s The NY Times, what do you expect? I’m just shocked you got to this bad boy of an article before Liberty or Dalal.

Which is true, but the flu is not the same every year either. Sometimes it’s a really bad strain, sometimes it isn’t. How many times have we heard “make sure you get your flu shot, it’s supposed to be pretty nasty this year” or some variation of that? Sure covid19 is a significantly nastier virus, but holy fuck is this now a far cry and a major walk back from all the folks who manufactured and spread stories and narratives scripted for a Hollywood movie.

Amusing logic here. The flu has a vaccine and still kills the number of people it does. Covid19 has no vaccine and no shortage of folks bitching and screaming about how badly mismanaged and how late our government was dealing with it, and yet the numbers...

On the subject of cars, is there any incentive for anyone to buy a car right now? Between record number of leases coming due and the current economic situation, it seems like a no brainer to wait 6-12 months if you're looking.

LOL, now! He wants to talk investments! Can’t make this shit up. How’s your city, with your elected officials doing “leading the charge”?

Well lets answer that question! Personally, as a mid 30s(yuck) dude, do I look at stocks(specific ones of course) as attractive relative to the alternatives? You bet I do. If you have 5+ year time horizon, how isn’t this the case?

I wager there’s going to be some in the areas hit worst. Maybe we get another AMRQ.

Not a nice move by the US. But also, Canada should have been stockpiling in Jan/Feb. Yea, its an interesting narrative and application of responsibility from some here. The US/Trump should have foreseen everything months ago and had massive stockpiles of everything one would be able to think of after the fact. Everyone else who is unprepared is the victim of Trump being an asshole.

I think detaining people is a better solution than escalating fines. Outside of hugging your children and f**** your wife, what reason, ever really, but especially given the current situation, do you have for getting that close to another person? Whats wrong with people?

Bought a little SPG

That is why I said, "assuming hospitals dont need them". This is why I think the WH and health organizations originally lied, to attempt to prevent that panic and hoarding...not that it helped. I am not aware of a retailer who's had masks in over a month.

I posted about this a while back. I have some friends who are nurses/MDs at NYC facilities, they have replaced their morgue vans with trailers as the twitter thread mentions. I think I even posted the picture. This happened about...1.5 weeks ago? Not sure where he is getting the rest of the information (burial trenches in city parks?) but it seems the most effective way to manage the bodies would be cremation,but I am no professional in this area. Can they cremate bodies against the wills of the deceased/families, if they had wanted to be buried? Probably wasn't an issue in China, but here the law may prevent it. I don't know. Probably not a popular stance, but(outside of religious reasons) who TF cares about the body after death? Organ donation? sure. But aesthetics of a funeral Ive never understod. Even with close family, Ive always maintained that I dont like wakes and all that shit. I'd rather my memories be of vibrance and liveliness than a stiff log with makeup on...My ability to "pay respects" has zero to do with the presence of a physical body.

Re: masks, is it really that hard of a decision? Assuming the hospitals dont need them, why take a chance? Worst case it is no different than not wearing one and you look like a paranoid idiot(ego bruising but nothing else), best case it helps keep you safe... We all wore masks on Halloween as kids...are we too grown up to do so again?

IDK, fuck the energy investors. For the most part, sure its anecdotal, but they're get rich quick fools. And Lee Cooperman. Stupid liberals get rich quick in penny stock biotechs, conservatives try with penny stock e&p's.

I think it just accelerates trends already in place. For everything else, things will gradually go back to normal over the course of several years, assuming those things are still around.

--Rush Limbaugh, January 2009 (when America was in the throes of the GFC). Its telling that there biggest mess here is the cesspool called NYC where you live. You've got your mayor and your governor, both whom have handled things vastly differently. Both of whom you elected. And you blame Trump.... Here you are "rooting for America". What a patriot. How am I not? Ive stated plenty off times that now isn't the time to be bitching and moaning and playing politics... I just find it odd how the above works. If you want to assign blame how do you not even mention two guys you elected, responsible for running your city, that have more than their share of "issues"? Its just inconsistent

--Rush Limbaugh, January 2009 (when America was in the throes of the GFC). Its telling that there biggest mess here is the cesspool called NYC where you live. You've got your mayor and your governor, both whom have handled things vastly differently. Both of whom you elected. And you blame Trump....

This tells you all you need to know about some folks and outlets. Actively rooting against America and going out of their way to use a crisis to blatantly misrepresent everything they can in order to make a president they don’t like, look bad. Too many stories to mention but what’s the count now of the misrepresented stories? The latest being the “commandeered shipments in Germany”, just prior the whole sending equipment out of the country ban; while leaving our that 68 other countries already set precedent. And this is just the last 3 days...