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Old 03-16-2020, 04:00 PM   #621
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Originally Posted by Classic_Sniper View Post
Not really an isolated event. Look at the origins of most viruses.

Bird Flu - Chickens
H1N1 - Pigs
Mad Cow - Cattle
HIV / AIDS - Apes & Monkeys


If that one human (s) decided not to consume meat, would these viruses ever exist in humans at all?
You forgot:
West Nile - Mosquitos

Ask yourself, if that one human being decided not to eat mosquitos... wait a second.

The origins of Mad Cow and HIV/AIDS are really the only ones that make sense where eating animals is concerned. Bird flu does not easily transmit from birds to humans, and it isn't from consumption. Instead they infect other animals that can share flu strains with humans. Swine flu (H1N1) was not as a result of humans eating pigs, but close interaction with them.
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Old 03-16-2020, 04:01 PM   #622
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You forgot:
West Nile - Mosquitos

Ask yourself, if that one human being decided not to eat mosquitos... wait a second.

The origins of Mad Cow and HIV/AIDS are really the only ones that make sense where eating animals is concerned. Bird flu does not easily transmit from birds to humans, and it isn't from consumption. Instead they infect other animals that can share flu strains with humans. Swine flu (H1N1) was not as a result of humans eating pigs, but close interaction with them.

Well yeah but they result from the farming of animals. Might not be from actually eating them but from everything that has to do with eating them.
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Old 03-16-2020, 04:03 PM   #623
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Not cows, not pigs, not chickens. A bat. A f..n' bat.
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Old 03-16-2020, 04:13 PM   #624
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Not cows, not pigs, not chickens. A bat. A f..n' bat.

Actually a f..n pangolin.
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Old 03-16-2020, 04:31 PM   #625
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Actually a f..n pangolin.
oh...

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Old 03-16-2020, 04:35 PM   #626
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"I had a dream that I'd retiiiiiiiiiiiiiiire, but it was gone when summer came!"

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Old 03-16-2020, 04:49 PM   #627
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One guy in Sarajevo shoots one guy and his wife in a car, and you kill the Old World.

One guy with a rifle shoots a president (or three guys) again in a car.

History turns on dimes.
Can't wait for the Hardcore History podcast episode.
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Old 03-16-2020, 06:19 PM   #628
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I'm not buying yet, but I'm sure as hell not selling, either. I don't think we're near the bottom yet.
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Old 03-16-2020, 06:31 PM   #629
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ONE F..N' BAT EATEN BY ONE F...N' IDIOT MAKES THE WORLD COLLAPSE... Can it be real??? I can't stop thinking about this.
the world hasn't collapsed, a massively over inflated market fed with free money has gone pop, as it was always going to it was just a question of when.
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Old 03-16-2020, 07:01 PM   #630
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Have any studies been done about panic during market collapses, and whether sellers would have been better off in the long run not selling (ruling out such people as those with short retirement horizons)?

https://www.theatlantic.com/ideas/ar...crisis/607672/

https://www.cnbc.com/2020/03/09/the-...dnt-panic.html

Last edited by troutman; 03-16-2020 at 07:08 PM.
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Old 03-16-2020, 07:10 PM   #631
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Can't wait for the Hardcore History podcast episode.
I was thinking about this.

Have we stopped the reckless consumption based economy and keeping up with Jones world?

Have we ended office work? Will everyone just keep working remotely?
Have we ended Malls? Will they recover or is Amazon / delivery now the sole supplier of everything?
Did this crush oil demand long term as a result of permanently decreased commuting?
Will Post-Secondary move to online with expert teachers teaching 1st and 2nd year classes and then only seminars and labs be done in person.
Will this drive the government into establishing a UBI?
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Old 03-16-2020, 07:11 PM   #632
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ONE F..N' BAT EATEN BY ONE F...N' IDIOT MAKES THE WORLD COLLAPSE... Can it be real??? I can't stop thinking about this.
Quote:
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Not cows, not pigs, not chickens. A bat. A f..n' bat.
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Originally Posted by CaptainYooh View Post
oh...

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Old 03-16-2020, 08:50 PM   #633
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Originally Posted by troutman View Post
Have any studies been done about panic during market collapses, and whether sellers would have been better off in the long run not selling (ruling out such people as those with short retirement horizons)?

https://www.theatlantic.com/ideas/ar...crisis/607672/

https://www.cnbc.com/2020/03/09/the-...dnt-panic.html
Unless you are perfectly lucky at timing the market, which is very rare, it seems that you are normally better off holding onto what you have a riding through it. Long term historically these crashes tend to always recover and get stronger. Don't have a link off hand. The historical odds that this will happen are very good.
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Old 03-16-2020, 09:07 PM   #634
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Originally Posted by troutman View Post
Have any studies been done about panic during market collapses, and whether sellers would have been better off in the long run not selling (ruling out such people as those with short retirement horizons)?

https://www.theatlantic.com/ideas/ar...crisis/607672/

https://www.cnbc.com/2020/03/09/the-...dnt-panic.html
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Unless you are perfectly lucky at timing the market, which is very rare, it seems that you are normally better off holding onto what you have a riding through it. Long term historically these crashes tend to always recover and get stronger. Don't have a link off hand. The historical odds that this will happen are very good.
I take the exact opposite view and a lot of the arguments for the "time in the market, not timing the market" are questionable. People are fond of pointing to a stat that says that if you miss a minimal amount of days it was some amount of a huge gain. That's true...but those huge gains come in the midst of bear markets. So for example, if you sold a month ago, you missed this past Friday. First of all, you're way better off having sold a month ago. Second, it gave it back today because that's what happens in a bear market.

I also don't buy the idea that you need to have perfect market timing to make it work. It's a nice soundbite, but how true is that? Plenty of people were worried about the effect this virus was going to have in our economy, based purely on the global supply chain. If anything, the evidence was there for people to sell holdings and prepare for this too early, foregoing the last "melt-up" returns. So let's say you did that and you're ahead by like 28% now. And you totally miss the bottom and that costs you 15%. You're ahead by about 13% with these made-up numbers and didn't time things perfectly at all. Could you completely miss the boat? Sure, I guess so. But there is a whole other cost we haven't addressed here: the psychological one. It's really, really hard for people to see that they had $100k last month and now it's worth $68k. For some people that's crippling, and frankly if they sold at $96k instead, missing the bottom is totally worth that.
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Old 03-16-2020, 11:02 PM   #635
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Quote:
Originally Posted by TorqueDog View Post
You forgot:

West Nile - Mosquitos



Ask yourself, if that one human being decided not to eat mosquitos... wait a second.



The origins of Mad Cow and HIV/AIDS are really the only ones that make sense where eating animals is concerned. Bird flu does not easily transmit from birds to humans, and it isn't from consumption. Instead they infect other animals that can share flu strains with humans. Swine flu (H1N1) was not as a result of humans eating pigs, but close interaction with them.


Fair enough. One could argue though that if animals weren’t used in a commercial consumption setting, we likely wouldn’t be exposed to H1N1. In all likelihood, humans were probably better off just sticking to plants than animals. Won’t get into the whole humans weren’t meant to eat meat theory, but one can’t deny all these connections to animals.


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Old 03-16-2020, 11:16 PM   #636
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It's really, really hard for people to see that they had $100k last month and now it's worth $68k. For some people that's crippling, and frankly if they sold at $96k instead, missing the bottom is totally worth that.
So much this.

I did some math for my wife tonight. The $50k loss shown on the investing statement isn't real dollars. It's a loss against the $40k that was invested over the past 10 years. Was able to show her that the initial $40k has been preserved including inflation and that it's grown double beyond that.
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Old 03-16-2020, 11:39 PM   #637
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Well, there are two things I’m fairly certain of. When you play roulette, sometimes you win, and hindsight is always 20/20.
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Old 03-17-2020, 07:55 AM   #638
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Well, there are two things I’m fairly certain of. When you play roulette, sometimes you win, and hindsight is always 20/20.
Fair enough, but this isn't gambling and it's not all based on pure hindsight bias.
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Old 03-17-2020, 09:25 AM   #639
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Fair enough. One could argue though that if animals weren’t used in a commercial consumption setting, we likely wouldn’t be exposed to H1N1. In all likelihood, humans were probably better off just sticking to plants than animals. Won’t get into the whole humans weren’t meant to eat meat theory, but one can’t deny all these connections to animals.
People also keep various animals as pets, so no commercial production only makes it less likely at best. But yeah, best not to get into that, especially in a thread that was supposed to be about the stock market.
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Old 03-17-2020, 11:04 AM   #640
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I've had my eye on Tesla for a while. Kicked myself for not getting in at around $300.


I think after the quarterly report comes out, it'll take a final plunge and return to $250-$300 and I plan on buying a decent amount. I plan on keeping it long term as I think Tesla is the new Apple.
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