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Author Topic: Investing Thread  (Read 298569 times)

Hards Alumni

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Re: Investing Thread
« Reply #300 on: March 09, 2020, 06:53:10 PM »
::)

Agree to disagree.  Or Italy is a case study on how not to handle it, exacerbated by a very physical culture that can often lack in hygiene.  The US and the UK have both had multiple cases stretching back to the same timeline as Italy without an explosion like is seen there.  So its not like Italy is just the tip of the spear.  Same with Canada and Germany who are both not experiencing wild outbreaks.

You can roll your eyes all you want, but what has the US done differently?  Nothing.  We are two weeks behind them.

Also, you can take the numbers everywhere with a big ol' grain of salt because they only count confirmed tests.  Which there are not enough of.  So when testing finally ramps up to where it is in SK (the best model) we will see what we really have on our hands, and I promise you, it won't be something to roll your eyes at.

https://twitter.com/AllieHBNews/status/1237061056620625921

Lets watch the UK in a couple of days.  Be ready for the explosion of numbers.  Hope I'm wrong, but I seriously doubt it.
« Last Edit: March 09, 2020, 06:57:35 PM by Hards_Alumni »

TSmith34, Inc.

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Re: Investing Thread
« Reply #301 on: March 09, 2020, 07:07:12 PM »
::)

Agree to disagree.  Or Italy is a case study on how not to handle it, exacerbated by a very physical culture that can often lack in hygiene.  The US and the UK have both had multiple cases stretching back to the same timeline as Italy without an explosion like is seen there.  So its not like Italy is just the tip of the spear.  Same with Canada and Germany who are both not experiencing wild outbreaks.
I'm not sure we have any way of knowing where we are in the U.S. with so few people being tested.  We are less densely populated than Italy, so that will help, but there is no way to contain this at this point IMO.
If you think for one second that I am comparing the USA to China you have bumped your hard.

Jockey

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Re: Investing Thread
« Reply #302 on: March 09, 2020, 07:24:15 PM »
Don't make it political.  I'm not and never was.  I'm speaking to driving clicks.  Fear and panic sells.  5 new cases somewhere where there was previously 1 is shared as "new cases EXPLODE by 500%".

You make a very fair point. It was only political because it is a national issue.

We could just as easily use a hypothetical without politics. What if the company you worked for was going through a crisis and the CEO called a company meeting and said Hey it's really nothing and we are expecting a miracle soon anyway, so don't worry about it. You and every other employee would go back to your office or cubicle. There would be a host of people panicking at that point.

In a time of crisis, leadership is everything. Lies and accusations cause panic. Great leaders are honest. Great leaders take responsibility for their actions. Great leaders inspire confidence and strength. In other words, great leaders lead.

We do not have it and THAT is the cause of the panic.

mu03eng

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Re: Investing Thread
« Reply #303 on: March 09, 2020, 07:34:23 PM »
You make a very fair point. It was only political because it is a national issue.

We could just as easily use a hypothetical without politics. What if the company you worked for was going through a crisis and the CEO called a company meeting and said Hey it's really nothing and we are expecting a miracle soon anyway, so don't worry about it. You and every other employee would go back to your office or cubicle. There would be a host of people panicking at that point.

In a time of crisis, leadership is everything. Lies and accusations cause panic. Great leaders are honest. Great leaders take responsibility for their actions. Great leaders inspire confidence and strength. In other words, great leaders lead.

We do not have it and THAT is the cause of the panic.

We don't have any actual leadership from anywhere on the political spectrum. For a generation who decries the soft millenial gemeration, the current generation of political leadership(regardless of letter by their name) is softer than the Charmon extra soft the populace is hoarding right now
« Last Edit: March 09, 2020, 07:38:28 PM by mu03eng »
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JWags85

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Re: Investing Thread
« Reply #304 on: March 09, 2020, 07:44:33 PM »
You can roll your eyes all you want, but what has the US done differently?  Nothing.  We are two weeks behind them.

Also, you can take the numbers everywhere with a big ol' grain of salt because they only count confirmed tests.  Which there are not enough of.  So when testing finally ramps up to where it is in SK (the best model) we will see what we really have on our hands, and I promise you, it won't be something to roll your eyes at.

https://twitter.com/AllieHBNews/status/1237061056620625921

Lets watch the UK in a couple of days.  Be ready for the explosion of numbers.  Hope I'm wrong, but I seriously doubt it.

I’m rolling my eyes at the idea that pre-emptive freaking out is occurring and being embraced. Especially when you have financial markets on the brink of outright panic. It’s irresponsible and reactionary.

You mean SK where the fatality rate is under 1%? Italy is in a bad way, no doubt about it. But this idea that it’s unavoidable and it’s bound to happen EVERYWHERE else, whereas plenty of other countries have cases existing for well over 4-6 weeks, is what I push back against.

Population density, weather/temperature, affected populations (Italy has an INSANE cigarette/smoking culture that the US does not, which is of importance for a respiratory virus), etc all seem to be discarded as we assume like for like

Hards Alumni

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Re: Investing Thread
« Reply #305 on: March 09, 2020, 08:35:33 PM »
I’m rolling my eyes at the idea that pre-emptive freaking out is occurring and being embraced. Especially when you have financial markets on the brink of outright panic. It’s irresponsible and reactionary.

You mean SK where the fatality rate is under 1%? Italy is in a bad way, no doubt about it. But this idea that it’s unavoidable and it’s bound to happen EVERYWHERE else, whereas plenty of other countries have cases existing for well over 4-6 weeks, is what I push back against.

Population density, weather/temperature, affected populations (Italy has an INSANE cigarette/smoking culture that the US does not, which is of importance for a respiratory virus), etc all seem to be discarded as we assume like for like

You didn't read.  I meant that SK is the best case scenario.  Because they are testing.  We aren't.  You can push back, but you have zippity evidence.  Weather doesn't affect this, literally nothing to back that up.  Diabetics are at high risk, and guess who #1 and #2 are?  So if you haven't read, haven't done any DD, just shut up with your pointless opining.

Also, who cares about the god damned stock market.  It'll rebound, who cares.  You know it, I know it, everyone knows it.  People are just treating it for what it really it.  A casino for wealthy people.  The wealthy people are currently freaked out because they looked at the news around the world and they saw what anyone with a set of eyes and half a brain does.  Supply chain and logistics nightmares.  An overvalued market that people have been waiting for years to will into a recession.  So here we are.

mu03eng

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Re: Investing Thread
« Reply #306 on: March 09, 2020, 08:49:49 PM »
You didn't read.  I meant that SK is the best case scenario.  Because they are testing.  We aren't.  You can push back, but you have zippity evidence.  Weather doesn't affect this, literally nothing to back that up.  Diabetics are at high risk, and guess who #1 and #2 are?  So if you haven't read, haven't done any DD, just shut up with your pointless opining.

Also, who cares about the god damned stock market.  It'll rebound, who cares.  You know it, I know it, everyone knows it.  People are just treating it for what it really it.  A casino for wealthy people.  The wealthy people are currently freaked out because they looked at the news around the world and they saw what anyone with a set of eyes and half a brain does.  Supply chain and logistics nightmares.  An overvalued market that people have been waiting for years to will into a recession.  So here we are.


You are all in I guess
"A Plan? Oh man, I hate plans. That means were gonna have to do stuff. Can't we just have a strategy......or a mission statement."

Hards Alumni

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Re: Investing Thread
« Reply #307 on: March 09, 2020, 08:54:35 PM »
You are all in I guess

All in what?  I'll put money in all the way down, just like every one else here should.  No one knows that bottom, and I agree with the 4-6 week assessment a couple of pages ago... Assuming we do what China did (we won't), or what SK did (we have to).  I have serious reservations about the difference in the average American mindset compared to SEA peoples.  They'll do what is necessary.  We used to think that way.  Now we live a far to convenient life, and that is about to change.

JWags85

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Re: Investing Thread
« Reply #308 on: March 09, 2020, 10:16:26 PM »
You didn't read.  I meant that SK is the best case scenario.  Because they are testing.  We aren't.  You can push back, but you have zippity evidence.  Weather doesn't affect this, literally nothing to back that up.  Diabetics are at high risk, and guess who #1 and #2 are?  So if you haven't read, haven't done any DD, just shut up with your pointless opining.

Also, who cares about the god damned stock market.  It'll rebound, who cares.  You know it, I know it, everyone knows it.  People are just treating it for what it really it.  A casino for wealthy people.  The wealthy people are currently freaked out because they looked at the news around the world and they saw what anyone with a set of eyes and half a brain does.  Supply chain and logistics nightmares.  An overvalued market that people have been waiting for years to will into a recession.  So here we are.


You have no idea about me or what you’re talking about, how this may affect me or my livelihood, or how the stock market can have very real impacts on many things, including my business. Or what I’ve read, who I’ve talked to, or what went into my opinion. Cause it didn’t match your worldview. Look at my post history. I don’t just run my mouth and make wild claims like some people. But You quickly got up on your pompous pedestal to lecture about some populist bullcrap. Whatever man. Have your beliefs. Cling hard to them. Don’t be an absolute prick about it. But I guess that’s too much to ask on the internet.

Hards Alumni

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Re: Investing Thread
« Reply #309 on: March 09, 2020, 11:15:42 PM »
You have no idea about me or what you’re talking about, how this may affect me or my livelihood, or how the stock market can have very real impacts on many things, including my business. Or what I’ve read, who I’ve talked to, or what went into my opinion. Cause it didn’t match your worldview. Look at my post history. I don’t just run my mouth and make wild claims like some people. But You quickly got up on your pompous pedestal to lecture about some populist bullcrap. Whatever man. Have your beliefs. Cling hard to them. Don’t be an absolute prick about it. But I guess that’s too much to ask on the internet.

Ooooo I literally do not care.  I'm going to be a prick about it.  And when I see BS I will say something.  If you don't agree, I really do not give a single crap.  Neither does anyone here.  Just like most don't care about what I have to say.  It's fine, I'm not answerable to any of you, nor are any of you to me.  This a message board about Marquette basketball FFS. 

This will have a bad effect on most people's businesses, including mine.  Quite brutally, to be completely honest.  I do know you haven't done your DD, so that's what I'm saying.  You're espousing garbage that isn't based in science.  Doesn't match my worldview?  What exactly is my worldview?  You seem to be pretty sure of it.

My lectures are not populist, though yours seem to be.  Populist would be, "Don't worry, its the flu, we will be fine.  Masks are pointless, travel where you want, don't prepare and buy."  You know, what our populist government, president, and uninformed populace has been told.  I've been beating the same drum since late January.  It is that this virus is dangerous.  I've also been saying (privately, and since I have zero posts about it on here I can't demonstrate evidence) that we have been due for an economic downturn for years.  This is the catalyst, but if your livelihood depends on the stock market... you'll be fine.  If you're planning on retiring in the next year or so, think again.  But otherwise, as usual, don't worry.  Time heals all wounds. 

You want a scapegoat for the 2000 point drop today?  Look no further than Russia and SA.  They're playing a game of chicken, and the stock market is the loser.  Period.

WellsstreetWanderer

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Re: Investing Thread
« Reply #310 on: March 09, 2020, 11:36:43 PM »
Hards, you are right about this game of chicken btw Russia and Saudis causing this decline . The market will come back because the demand  for durables will still be there when things settle down. The areas most effected are the cruise lines, airlines, hotels etc. lost revenue there will never be recovered but people will be purchasing the things they put off when normalcy returns.
But I disagree on your assessment of what the government is doing. Leadership is attempting to calm things down in the face of yellow journalism blowing this out of proportion. More people are dying from the common flu in greater numbers. Young people do not seem to contract this virus and many people who have tested positive remain symptom free. I know some in the CDC and between what I have been told and   seen even praise from Obama era officials our officials are on this.

Hards Alumni

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Re: Investing Thread
« Reply #311 on: March 09, 2020, 11:58:01 PM »
Hards, you are right about this game of chicken btw Russia and Saudis causing this decline . The market will come back because the demand  for durables will still be there when things settle down. The areas most effected are the cruise lines, airlines, hotels etc. lost revenue there will never be recovered but people will be purchasing the things they put off when normalcy returns.
But I disagree on your assessment of what the government is doing. Leadership is attempting to calm things down in the face of yellow journalism blowing this out of proportion. More people are dying from the common flu in greater numbers. Young people do not seem to contract this virus and many people who have tested positive remain symptom free. I know some in the CDC and between what I have been told and   seen even praise from Obama era officials our officials are on this.

Thanks, and no the flu can kick rocks compared to covid19

ZiggysFryBoy

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Re: Investing Thread
« Reply #312 on: March 10, 2020, 08:05:35 AM »
You didn't read.  I meant that SK is the best case scenario.  Because they are testing.  We aren't.  You can push back, but you have zippity evidence.  Weather doesn't affect this, literally nothing to back that up.  Diabetics are at high risk, and guess who #1 and #2 are?  So if you haven't read, haven't done any DD, just shut up with your pointless opining.

Also, who cares about the god damned stock market.  It'll rebound, who cares.  You know it, I know it, everyone knows it.  People are just treating it for what it really it.  A casino for wealthy people.  The wealthy people are currently freaked out because they looked at the news around the world and they saw what anyone with a set of eyes and half a brain does.  Supply chain and logistics nightmares.  An overvalued market that people have been waiting for years to will into a recession.  So here we are.


Dude, call your dealer.  The weed is good for you.

Coleman

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Re: Investing Thread
« Reply #313 on: March 10, 2020, 12:27:39 PM »
We don't have any actual leadership from anywhere on the political spectrum. For a generation who decries the soft millenial gemeration, the current generation of political leadership(regardless of letter by their name) is softer than the Charmon extra soft the populace is hoarding right now

THIS.

I long for leaders (from either party) like FDR, Eisenhower, JFK, or Reagan. All four would have a steady hand guiding us through this crisis.

jesmu84

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Re: Investing Thread
« Reply #314 on: March 10, 2020, 01:01:00 PM »
THIS.

I long for leaders (from either party) like FDR, Eisenhower, JFK, or Reagan. All four would have a steady hand guiding us through this crisis.

Politics doesn't work like that anymore.

Benny B

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Re: Investing Thread
« Reply #315 on: March 10, 2020, 01:59:27 PM »
Politics doesn't work like that anymore.

Yet another reason for compulsory voting.
Wow, I'm very concerned for Benny.  Being able to mimic Myron Medcalf's writing so closely implies an oncoming case of dementia.

mu03eng

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Re: Investing Thread
« Reply #316 on: March 10, 2020, 02:55:05 PM »
Yet another reason for compulsory voting.

Oh that old chestnut


On the plus side it would virtually ensue everyone got the Coronavirus
"A Plan? Oh man, I hate plans. That means were gonna have to do stuff. Can't we just have a strategy......or a mission statement."

Benny B

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Re: Investing Thread
« Reply #317 on: March 10, 2020, 10:44:11 PM »
Oh that old chestnut


On the plus side it would virtually ensue everyone got the Coronavirus

The Internet doesn’t have to be just for Scoop and porn anymore.
Wow, I'm very concerned for Benny.  Being able to mimic Myron Medcalf's writing so closely implies an oncoming case of dementia.

GooooMarquette

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Re: Investing Thread
« Reply #318 on: March 10, 2020, 10:59:34 PM »
The Internet doesn’t have to be just for Scoop and porn anymore.


But is there enough bandwidth for more than Scoop and porn?

mu03eng

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Re: Investing Thread
« Reply #319 on: March 11, 2020, 05:50:17 AM »

But is there enough bandwidth for more than Scoop and porn?

This is why we haven't gone into full lockdown, the ISPs are concerned if everyone is home all the Scooping and porning will collapse the internet
"A Plan? Oh man, I hate plans. That means were gonna have to do stuff. Can't we just have a strategy......or a mission statement."

Hards Alumni

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Re: Investing Thread
« Reply #320 on: March 11, 2020, 08:52:52 AM »
This is why we haven't gone into full lockdown, the ISPs are concerned if everyone is home all the Scooping and porning will collapse the internet

Didn't Cheeks worry about us running out of internet?  Guess we will just have to dig the internet well deeper to keep the flow coming!

Frenns Liquor Depot

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Re: Investing Thread
« Reply #321 on: March 11, 2020, 09:13:38 AM »
This is why we haven't gone into full lockdown, the ISPs are concerned if everyone is home all the Scooping and porning will collapse the internet

This is why the mods banned cheeks in the first place.  Frees up capacity for quarantined scoopers. 

TSmith34, Inc.

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Re: Investing Thread
« Reply #322 on: March 11, 2020, 10:08:34 AM »
Didn't Cheeks worry about us running out of internet?  Guess we will just have to dig the internet well deeper to keep the flow coming!
Thankfully new byte fracking technologies have dramatically increased bandwidth supply.
If you think for one second that I am comparing the USA to China you have bumped your hard.

Dr. Blackheart

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Re: Investing Thread
« Reply #323 on: March 11, 2020, 02:34:33 PM »
This is why the mods banned cheeks in the first place.  Frees up capacity for quarantined scoopers.

Score!

Bad_Reporter

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Re: Investing Thread
« Reply #324 on: March 12, 2020, 09:18:14 AM »
Thoughts on buying Boeing?  Down to $158

 

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