This is the irrationality of fear. Coronavirus has killed about

Jan 26, 2020
4:30:49pm

Agnostic-alumni Starter

40 or 50 people. Influenza has killed 8200 so far this year. We are more comfortable with the devil we know. So people will cancel flights to China for example but they won't get a flu shot.

This message has been modified

Originally posted on Jan 26, 2020 at 4:30:49pm

Message modified by Agnostic-alumni on Jan 26, 2020 at 4:31:15pm

Message modified by Agnostic-alumni on Jan 26, 2020 at 4:31:29pm

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Agnostic-alumni

Bio page: Agnostic-alumni
Joined: Oct 27, 2017
Last login: Oct 31, 2024
Total posts: 2,523 (89 FO)

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Messages

Author

Time

Futures down 1% at the open. Coronavirus has investors spooked

TicoBrown

1/26/20 4:02pm

Doesn’t make any sense. Zero impact. Can’t be causation.

RugbyCoug

1/26/20 4:18pm

What do you mean “zero impact?”

russkiejedi

1/26/20 4:21pm

He means coronavirus might have same impact as NFC Pro Bowl performance on mrkt

Big Daddy D

1/26/20 4:37pm

1% is a small change... I think it could be connected.

russkiejedi

1/26/20 5:59pm

Do you realize how much market capitalization was lost in 1%?

Big Daddy D

1/26/20 6:19pm

I mean zero as in imperceptible economic impact.

RugbyCoug

1/26/20 6:14pm

It makes perfect sense.

Deleted

1/26/20 4:23pm

I've canceled 6 business flights with Delta

IdahoYFan

1/26/20 4:27pm

I’d say it’s an over reaction, but not zero impact. I’m at 30% cash, so I’ll

bluecougar1985

1/26/20 4:29pm

I’m in cash too but not because of a virus lol

Big Daddy D

1/26/20 4:39pm

I’m not in cash because the virus, I’ve been slowly moving to cash

bluecougar1985

1/26/20 4:40pm

Right there with you

Big Daddy D

1/26/20 4:41pm

In addition to the above, a lot of people are just waiting for an excuse.

All-American

1/26/20 4:31pm

Feels overheated? What ever gave you that notion?

Big Daddy D

1/26/20 4:41pm

Yeah, but a lot of people have lost a lot of money waiting for the correction

All-American

1/26/20 4:58pm

No they haven’t. Experienced opportunity cost perhaps but did not lose money

Big Daddy D

1/26/20 6:23pm

Same difference. Spare me the pedantry please.

All-American

1/26/20 6:25pm

Lol not the same difference if you’re managing someone’s hard earned money.

Big Daddy D

1/26/20 6:34pm

To the people whose money is being managed it is the same.

All-American

1/26/20 6:43pm

False. Return OF principle vs return ON principle. People with real money care.

Big Daddy D

1/26/20 7:56pm

Tell you what.

All-American

1/26/20 10:16pm

Ya know. The industry quants track guys like you. I won’t say what they’re calle

Big Daddy D

1/27/20 12:26am

I know exactly what the “industry” calls guys like me: “former clients.”

All-American

1/27/20 7:53am

This is the irrationality of fear. Coronavirus has killed about

Agnostic-alumni

1/26/20 4:30pm

Largest quarantine ever in the sixth largest city in China

Sumguy

1/26/20 5:45pm

Uh. Those aren't futures. The actual market went down on Friday.

Scott_Tenorman

1/26/20 4:42pm

Uh, yeah. Futures open at 4PM Sundays.

TicoBrown

1/26/20 4:50pm

Down 1.5% and falling

TicoBrown

1/26/20 4:51pm

Still a very minor blip

CasualFan

1/26/20 7:01pm

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