Earlier quoted context omitted.
Trying to retroactively excoriate people for under reacting to a crisis is a little unfair. Nobody knew how this would play out, and going off half-cocked at every threat that appears, and there are a lot of them, is destructive. Nobody likes to be wrong, and people always try to rewrite history so they were right all along. Rush Limbaugh made hay by hanging democrats with clips of their previous statements, and Jon…
Nobody knew how this would play out Yes they did, because most of the people we're talking about had real time examples going on while they were denying there was a problem. In Italy, they could have looked at what happened in China, but chose not to. You could perhaps forgive that, possibly they thought that population density, smoking rates or other demographics made a huge difference. But Spain has no excuse at al…
If it was all so obvious, the stock market would have dumped weeks before it did.
Did you sell in early February? Did you take out shorts on the market? Why not?