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ERICOPOLY

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Everything posted by ERICOPOLY

  1. Even Buffett admitted last year that the market may be cheap if interest rates stay low. We just don't know. https://www.cnbc.com/2019/05/06/warren-buffett-says-stocks-are-ridiculously-cheap-if-interest-rates-stay-at-these-levels.html
  2. But you don't know when such a top comes along.
  3. My wife and I had antibody testing done last week and the test did not detect any. Perhaps her Nov 19th covid-19 positive PCR test result was a false-positive? So that stinks, it cancelled our Hawaii plans. Whatever we had it drained our energy and made us dizzy just walking around. Yesterday, my 12 yr old son reported chills, body aches, nasal congestion, felt as though a rash was coming on, and had a 101 fever. So I'm off to get him tested today. He was last at school on Tuesday, which was 5 days before these symptoms hit -- right on time.
  4. That's not what I meant because it doesn't raise the issue that I mentioned of the shareholder not knowing how to allocate the cash. I had my head stuck in the past when I remember he had addressed the topic back when dividends were asked for. But yes, beginning the sentence the way I did was prone to confusion. My point is that the shareholders similarly wouldn't know what to do with the shares distributed.
  5. Distributing cash is another simple method, but in the past I think he has argued that the shareholders would rather have him manage the cash, or be better off if he did so as opposed to leaving them to make the decisions. He could make that argument again in the case of spinoffs.
  6. The first patient to get the vaccine was patient 1a. The second patient to get the vaccine was patient 2b or not 2b. Credit: CapCities Radio
  7. He's the leader of the country Castanza. One would think he'd get with the program and not scapegoat his behavior.
  8. Richard what evidence is there regarding this statement? You and I both know that you don't care at all about the answer to this question, because the answer's obvious to everyone who's followed American pandemic news even the tiniest bit for the past 9 months. One doesn't need to provide supporting evidence to say that the sky is blue, ice is cold, and the sun rises in the east. So, I'm just going to save us both time, and not bother with an answer. Bill Gates pointed out that he likely seeded covid-19 all over the country when he closed travel from China and 40,000 came rushing back home to the USA and they were allowed to return without any sort of a quarantine.
  9. From participating in an open economy (the part of it that is open). Rate of spread high -> greater total number of infected -> more likely I get it too Rate of spread lower ->. fewer total number of infected -> lower chance I get it too Imperfect system? No Dr. Fauci quoted in last one week about school re-opening: ""If you look at the data, the spread among children and from children is not very big at all." Would you have known that they actually didnt know (apparently) when they advocated school closing how children transmit to adults? This is what I am talking about. Using Remdesivir that WHO is not supporting. Having schools closed for a long time and then give statements like above. Why would it give people confidence to follow them? Dr. Flip Flop: A timeline of Fauci's school reopening positions https://jordanschachtel.substack.com/p/dr-flip-flop-a-timeline-of-faucis The schools are open for my kids, I agree with Fauci. I think people are grinding a political axe when they undercut him even when they agree with him.
  10. From participating in an open economy (the part of it that is open). Rate of spread high -> greater total number of infected -> more likely I get it too Rate of spread lower ->. fewer total number of infected -> lower chance I get it too Imperfect system? No
  11. As I said, "From the very beginning , government officials haven't led by example and this has undermined their own efforts." The CDC didn't get to the present day without previously putting forth a mask campaign that high up public officials did not think was cool enough for their macho image. It undermined their own efforts to reopen the economy.
  12. From the very beginning , government officials haven't led by example and this has undermined their own efforts. The CDC makes recommendations, people don't see the government leaders following them. Monkey see, monkey do.
  13. A long time ago it was announced that to meet a redemption an MPIC investor's pro-rata investment in the fund's PDH position would be distributed directly to said investor.
  14. I was addressing investor returns, not employee pay, and doing so because of your prior statement: My point is only that outside returns are a possibility if various things are fixed and this traded up near the value of said equity even if that were to take many years because a 4% annual drag on $10m is weighed against the market cap. I probably misunderstood what you were meaning to confer.
  15. So many of the hospitals are private. We can have the socialized medicine debate so the government can tell them what to do.
  16. Coronavirus Live Updates: California Gov. Warns Of New Stay-At-Home Orders https://www.huffpost.com/entry/covid-19-updates-vaccine-arrival-holidays_n_5fbbb56ec5b68ca87f7d481f But, in practice, his covid-19 rules typically don't really apply where I live (and I do live in California).
  17. Encourage masks, hand washing, social distancing. Encourage high risk individuals to stay home/be cautious and to get the vaccine when it comes out. Allow others to go on with life. To me that's reasonable It remains to be seen if there will be enough hospital beds. What’s your point? That it remains to be seen if there will be enough hospital beds.
  18. This debate reminds me of the free and unrestricted trade debate. There will be a great sucking sound (quite literally, with a hospital full of people gasping for breath). In this case, there may be a great sucking sound.
  19. Encourage masks, hand washing, social distancing. Encourage high risk individuals to stay home/be cautious and to get the vaccine when it comes out. Allow others to go on with life. To me that's reasonable It remains to be seen if there will be enough hospital beds.
  20. I presented a fact without an advocacy position.
  21. I'm not so sure that their lockdown is entirely responsible for their low case count. Australia is in summer right now and it's becoming increasingly clear that this virus is highly seasonal. We didn't hit zero in the US during summer. The numbers actually went UP as we entered summer coincident with lifting restrictions. The summer increase in the US was almost entirely relegated to the sunbelt stats, where it was so hot that people had to gather indoors. Perhaps seasonal isn't the right word but rather the conditions that force people to gather in enclosed settings. And holiday travel. On the other hand, restaurants and bars were able to seat people outdoors. But how does this differ from Australia's state of Victoria?
  22. If you are correct about that (and I haven't looked into it), I just wanted to ask is the market cap $10m? My source has it at $2.6m.
  23. People are shelling out more for the platinum settings. Plat $890: https://www.bluenile.com/build-your-own-ring/petite-solitaire-ring-platinum_19010 18k gold $750: https://www.bluenile.com/build-your-own-ring/petite-solitiare-ring-18k-yellow-gold_44709 Platinum: $971 per once Gold: $1,783 per ounce Nice hustle for jewelers ROLEX Lady-Datejust 28mm: $6,750 in steel $24,650 in yellow gold $44,050 in platinum https://www.rolex.com/watches/configure.html#/lady-datejust/m279178-0006/material
  24. It's not ideal money if a country relies on deficit spending to fund the government expenses. Think about earning $1000 worth of gold (or any fixed base currency). Ten years from now deflation results in increased purchasing power because you can buy more with your $1000 of gold if you saved it. Inflation, on the other hand, is a tax. I already acknowledged that deflation is good for the individual that hoards gold. There are alternatives to cash if you worry about inflation, so it's not a binary debate between gold or cash as currency.
  25. People are shelling out more for the platinum settings. Plat $890: https://www.bluenile.com/build-your-own-ring/petite-solitaire-ring-platinum_19010 18k gold $750: https://www.bluenile.com/build-your-own-ring/petite-solitiare-ring-18k-yellow-gold_44709
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