so if the way to make money in a gold rush is to sell shovels, what should we do during a pandemic?
My Thoughts About the Coronavirus: Ray Dalio
111–116 of 116 posts
Re: My Thoughts About the Coronavirus: Ray Dalio
#112Earlier quoted context omitted.
Making such a comparison is non-trivial; does any highly developed western democracy share China's population size and density? I'm more curious about how this will affect India, where the population situation is more similar to China's. I haven't seen any mention of the virus there in the news, yet.
Supposedly the climate may impede the virus’ ability to spread. https://www.click2houston.com/weather/2020/02/26/will-housto...
Only until the winter returns.
During the Spanish Flu, it was the 2nd wave the following winter that killed the most people.
Re: My Thoughts About the Coronavirus: Ray Dalio
#113Earlier quoted context omitted.
You know, some of us have family with underlying health conditions.
ok? Then do everything you normally would to avoid the flu. There is no difference.
Do nothing different despite the risk of death being 100x higher? Does that really sound logical to you?
Re: My Thoughts About the Coronavirus: Ray Dalio
#114Re: My Thoughts About the Coronavirus: Ray Dalio
#115so if the way to make money in a gold rush is to sell shovels, what should we do during a pandemic?
I guess invest in anything that "treats" social distancing like medication, video games, VR, collaboration technology, etc.
Re: My Thoughts About the Coronavirus: Ray Dalio
#116Earlier quoted context omitted.
Do nothing different despite the risk of death being 100x higher? Does that really sound logical to you?
where are you getting that preposterous number from?
From the WHO and the CDC. The WHO released the figure 3.4% yesterday, and the CDC lists the flu this season as causing 18000 deaths in the US from 32 million infections = 0.05%.