Castanza
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Everything posted by Castanza
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He should buy SAVE :P
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My wife's hospital just announced first confirmed covid-19 case. As a result my work told me I'm no longer red team blue team and instead I have to stay home indefinitely (makes sense).
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2011 prices....
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"The market can remain irrational longer than you can remain solvent your dry powder can last." V, WM, UPS, CMCSA, T, BRK, SBUX, MSG, GRBK, (WFC, BAC, USB) all on the top 10 list. Starting to feel like the dog who caught the car and doesn't know what do do (buy) Bonus check comes in this month :)
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I plan on living off take out Chinese food. Nobody else is ordering it and it’s always ready in 10 minutes. Edit: not to mention the 65lbs of ground venison I still have :o
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I mentioned it earlier, but Everclear 190. I sometimes use it when backpacking as stove fuel, sanitizer, and of course spirits.
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MSG
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I like the lack of exposure Spirit has to Europe. Sure there is the LATAM exposure which is a big chunk of their leisure revenue, but (fingers crossed) hopefully the warm weather dampens the covid19 effects there. I think US domestic travel will recover relatively quickly.
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Sold 50% of remaining SPCE puts to free up some more cash
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Thanks for sharing, FWIW I appreciate your logical approach to most topics on this forum. I agree that scalability is certainly possible in the US. But it will most likely take military precautions as you've mentioned. The thing I struggle with is what are the secondary effects of this thing. I can see similar effects with both "letting it run its course" and "lets shut everything down". But both of these have a common input which is uncertain (severity). Until the severity question is answered I have a hard time saying lets preemptively lock down the whole US economy. I guess I'm in the boat of "take personal precautions, and encourage businesses to take precautions as well." Either way I smell massive taxpayer funded bailouts on the horizon.
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And be thought a fool by everyone with a strong opinion? Better to remain silent. ;) @orthopa I think what folks are saying when saying testing is important is that identifying as many spreaders as possible is key to containment. You can't catch them all. Don't let perfect be the enemy of the good. Some folks spread to 1 person. Some spread disease to dozens. You want to eliminate as many spreaders as possible so that the disease population can't reach escape velocity. Basically to the point above about the number sick at any given time being semi-controllable. Whats your plan for asymptomatic people/kids who don't seem to be affected and dont go to the doctor? I already answered. You can't catch everyone. Any additional you do catch early can moderate the number sick at any given time. You might not be able to control total number to get sick, but spreading that number out over a longer period leads to far better outcomes in aggregate. That's why people are testing. Further, WHO says adult to child transmission is more common than reverse, as opposed to seasonal flu. To the "it's been here for 1+ month" comment, viruses compound when no one has immunity. I don't disagree with this point on spreading it out, but what exactly is the threshold (number of patients a hospital can hold)? Healthcare capacity is derived and constructed off of averages and then scaled according to population. A pandemic by nature is already over-capacity right? If I had to guess the threshold is quite low and I'm doubtful any solutions will be effective. The US is especially difficult to contain and isolate due to its size, efficiency and reliance on individual travel (interstate) compared to small countries like Germany (who funny enough just announced 3/4 of their citizens are likely to be infected). If small countries that heavily rely on public transit can barely contain this thing how can a vast country like the US contain it? I guess scale could make quarantining sections of the country possible, but with the reliance on individual transit it feels like a bucket full of holes trying to carry water.
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Just an observation: It seems a lot of individuals greatly underappreciated the scale of the Interstate and road systems in the US. Not to mention the sheer land mass of this country. Comparing the lock down of a country the size of Minnesota (that heavily relies on public transit) to the US is apples to oranges. Containment in the US is magnitudes more difficult.
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https://www.bizjournals.com/southflorida/news/2020/03/11/spirit-ceo-confident-despite-covid19-concerns.html?ana=yahoo&yptr=yahoo
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Same thing from Spirit. Emphasis on the last paragraph. While the effects of this virus are serious, we've seen and learned from others like it before. In the past decade we've weathered the Swine Flu, the Bird Flu, Ebola and more, so while this virus is significant, we'll get through it together, just like we have the rest. We remain dedicated to serving you every day with the same commitment to our values you've come to know. I look forward to seeing you on a Spirit flight soon. Ted Ted Christie President and Chief Executive Officer, Spirit Airlines
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Where I live there are no confirmed cases. Life has been going on as usual. Costco and Wegmans have not been overly busy and I saw people with *gasp* one pack of toilet paper. Schools are still open. My employer has allowed us to work at home if we want. Bars, breweries and pubs are still packed. As far as I know there have been no reports of unusual amounts deaths. Say tomorrow the CDC rolls in and magically test everyone in the local area. And 30% of those people test positive. What has fundamentally changed about my area? Edit: And I agree with precautions (hand washing etc)
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MAXR starter under 13
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"Extinction" of what? Was thinking the same thing haha Since I typically derail threads I'll be a hypocrite and say lets move the conversation here https://www.cornerofberkshireandfairfax.ca/forum/general-discussion/coronavirus/msg399288/?topicseen#msg399288 ;D
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The way energy is going, the whole greater Houston area may have a lot of office vacancies soon. If they do what are the odds big tech pushes in like they did in Austin? Texas if fertile ground for California expansion.
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Good thing we have the Negotiator in Chief! ;D
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PLNT (Starter) DIS
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Tickling match? I’m OK with the drop if that’s what it takes to get rid of this douchenozzle. That’s happens when you let Republicans run the economy. ?. Bush Sr -1991 Bush Jr 2001& 2008 Trump 2020 Then look at his favorite industries : Coal, oil and steel. Must be bad luck. I wonder if Obama is still claiming credit to this economy? Perhaps we will see a tweet taking that back? For the record I think it's dumb for any president to make claims to economic conditions.
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Jeffery is that you? ;D
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Yup Added a few shares at 500. Could bite me in the ass, but I still like the long game.
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Anyone watching this at these levels?
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A little: RDS.b, WMB, RTN, GRBK, HHC, SAVE, UPS and JETS