clutch

Wouldn't be far off from our chief health officer in Canada who recommends wearing masks while having sex. https://www.ctvnews.ca/health/coronavirus/canada-s-top-doctor-consider-using-a-mask-during-sexual-activity-1.5090359

ZM, PTON

The jump is not as big as other financial stocks...

What makes you think we get a 2000 style crash? Unless the Fed loses control of rates, or the Democrats break up FAAG, why would that happen? I said "might" and I also said we'll revisit this theory when we get there. ;) Mmmmm waffles No one can tell what happens in 4 months. Just like the weather, if you look outside the window, you can tell what's gonna happen in an hour but can you tell what's gonna happen in 2 weeks? Come on! And why does that even matter? Then why are you betting on it?

This may be true, but I'm not a young person (most on this board aren't). I already know how to code. This advice can be given to someone thinking of investing in anything. If you are a young person, invest in acquiring skills first and foremost, but this is an investment board not a career advice board for young people. Yup that was an empty statement. A young person would be far better off using the USD 15,400 to learn coding instead of <b>buying anything else</b>.

I have a simple rule right now. Keep 5% of liquid assets in BTC. If my net worth increases, that percentage might drop somewhat (~1%). I just followed Chamath P's reasoning and his recommendation for the allocation. I don't consider this investment a significant part of my retirement plan. It's more of a hedge. And if things work out perfectly (both traditional assets and BTC appreciate), I will just buy a brand new 911 with the gain from BTC. ;D

^ I was about 90% invested because I'm always 90% invested. Just make sure to have cash coming in case of a downturn. I don't bother trying to make macro bets regarding COVID, election, feds, or whatever.

It can't just be the elimination of uncertainties. Uncertainty implies that the direction could go either way. It could have been that the "certainty" was bad for the market.

Ok, as of now, it looks like Biden is more likely to win... But then tech stocks are still going higher?!? :o I'm totally lost.

Indeed... which is why I don't make any election trades.

Thanks

Am I correct that a Biden victory would be better for tech stocks? Is the market predicting a Biden victory? On the other note, Chinese Yuan is falling, suggesting a Trump victory.

I don't think I would go there. INTC doesn't have an advantage in datacenter? INTC basically owns datacenter. I meant going forward.

I see INTC as more analogous to IBM than AAPL. Divesting some of their traditional business while trying to focus on the new up-and-coming business (datacenters for INTC, cloud/AI for IBM). The problem is that INTC does not really have a strong advantage in the new business, much like IBM. Also, the moat is eroding much like IBM. I'd be careful.

Anyone watched the World Series finale last night? Justin Turner was confirmed positive in the middle of the game and he was pulled out. Then, after the Dodgers won, he came out to celebrate with his teammates and family and friends. Hugging with everyone and even took his mask to take pictures. I have no judgment on his actions, but his teammates' support of him shed some light on what many people think about this virus... “That man, more than anybody, deserves to take a picture with that trophy, celebrate with us, have his family around and enjoy this moment. That got taken away from him, and that’s just not right. That doesn’t sit well with me," shortstop and World Series MVP Corey Seager told reporters. "He's part of the team," outfielder Mookie Betts said. "Forget all that, he's part of the team. We're not excluding him from anything." https://www.tsn.ca/report-justin-turner-adamant-on-joining-world-series-celebration-1.1544743

NVDA. Hit the jackpot with AI + crypto + data center booms. Also, their investment into CUDA paid off.

The model to deal with the virus is pretty straight forward: 1.) wear a mask 2.) social distance 3.) aggressively contact trace positive cases 4.) most importantly, do not allow clusters to form (which result in superspreader events) Where do clusters usually form? Bars, weddings, funerals, White House events etc. Large gatherings, close together, poor ventilation, talking loudly etc. It looks to me like parts of Europe opened up too much over the summer or people got tired of following the rules (or some combination). Bottom line, the virus will eventually let you know if you are doing the right or the wrong things. I would never call it straightforward when the entire world is struggling to deal with the virus. Maybe straightforward on paper but not at all considering our society and people.

I was pretty convinced that mask-wearing was the big difference between countries who had it under control vs. those not. But then, look at Italy now. They have been enforcing mask-wearing since the beginning, and since early October, it has been mandatory even outdoors. I recall hearing that people are fairly compliant as well from one of CBC radio news. But then their cases are out of control now. It seems obvious that spread will happen in situations where people gather indoor and take their masks off. Following this logic, many governments (including Ontario in Canada) are now shutting down restaurants, bars, gyms, etc. We will see how effective this is -- my personal feeling is that spread is more likely to occur when people gather with each other in their homes, where social distancing and mask-wearing will become non-existent. Not sure how (non-totalitarian) governments can prevent such gatherings...

^ I tend to agree with Cigarbutt's sentiment regarding the disconnect between cases and death numbers. IMO, over time, the general population will more likely experience scenarios in which they or someone they know have contracted the virus yet without any serious consequences, instead of them spending time in hospital/ICUs. This will convince people that the virus is not as deadly as they originally thought, and more people (especially the younger ones) will continue to relax their behaviors. I think the case number will continue to fluctuate while the death numbers stay consistent at a relatively low level. I see this trend to continue until a wide-spread vaccine becomes available.

I don't think it's a matter of participating/ignoring the politics board. I believe that toxic conversations and tensions among certain members in the politics board can carry over to other investment discussions. So not everyone is immune from the politics board.

When observing people wearing masks, the frequency of technical errors is quite high. One has to wonder if that's related to distraction or habit. Pretending to believe in masks may play a role. Early on in the pandemic, there was this video that is interesting: @clutch i can't resist to mention that, by denouncing fake virtue signaling, you are, by definition, virtue signaling yourself. :) On this topic, can we say masks are filters and call it a day? Lol I guess we can't resist virtue signaling one way or the other. I'm also all for wearing masks as much as possible BTW.

If they want to signal things, they should be signaling the correct use of masks. Then there is Biden who pulled down his mask to cough into his hands. (Don't take this as political bashing, just venting about fake virtue signaling)

I'm watching the baseball game and something that really bothers me... Some of the players and coaches are wearing masks in the dugout. Then, they pull down their masks from time to time and SPIT on their dugout ground lol. I know these players are tested every day and they are probably safe to do whatever... but then why wear the masks at all? If you are going to keep pulling them down and spit everywhere? Is it again just a political statement?

I agree. Whenever I tried to refute some of the pro-lockdown, anti-Sweden claims back in March/April, I was labelled as a Trump supporter by such COVID experts. I really don't care for Trump, but I just liked to call out some of the BS shared here. And now that I've critized all the US bashing by Canadians (as a Canadian myself), I'm now labelled as a MAGA troll... ::)

Can you state one thing he did well regarding COVID without vomiting? p.s. Yes, I'm trolling so you don't have to asnwer. ;D Sorry, I'm having too much fun at this!