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1/ "What I've been saying for months is that I'm afraid to be in the market today. I'm also afraid to be out."

Howard Marks

news.google.com/articles/CAIiE…
2/ Howard Marks: "They're are no screaming bargains today. It's all a matter of finding the examples within each asset class that are a little more attractive than the others.

On a day like today, people, for the most part, are making market-wide reactions."
3/ "When things are placid, people make distinctions. When there's panic, they take them out and shoot them all. A week or two ago, people thought it was flawless. And now today they think it's hopeless." Howard Marks
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More from @trengriffin see all

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Tren Griffin
@trengriffin
"The U.S. employs 134,000 respiratory specialists, or approximately 20 of these technicians for every US hospital. One of [the CDC’s] conclusions was, it's not so much the number of ventilators as the number of people needed to operate the ventilators." google.com/amp/s/api.nati…
By "flattening the wave" via fewer public events the health care system acquires optionality. It is better to have a flattened wave of infections and not need it than need it and not have it. In the short term, creating greater social distance is possible. centerforhealthsecurity.org/cbn/2020/cbnre…
So what can you do as an ordinary person to help? Help flatten the wave of infections by lowering the probability you will be infected. In addition, maintain your sense of humor. google.com/amp/s/thehill.…
Read 3 tweets
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Tren Griffin
@trengriffin
"The surgical mask supply went from being 90% U.S.-made to being 95% foreign-made in literally one year.... machines, which are as long as a school bus and cost as much as $1 million. I've got requests for maybe a billion and a half masks..." npr.org/sections/healt…
"The American Hospital Association says the total number of Intensive Care Unit beds is about 65,000.
Waldhorn says hospitals can make more ICU beds available in a crisis, perhaps doubling the capacity, but there's still a chance it won't be enough." npr.org/2020/03/06/812…
"At EvergreenHealth, Francis Riedo is a big believer in the 'flatten the wave' strategy. He's the infectious disease specialist who last week made the call to test two patients which ended up identifying the country's first COVID-19 death..."
Read 3 tweets
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Tren Griffin
@trengriffin
25iQuiz: You are thinking about skiing tomorrow. Should you go and enjoy the day? Or should you marginally reduce the risk of a COVID-19 transmission that might cause hospitalization? Is the fact that you have a season pass and would just be supporting a gas merchant relevant?
Is this the right way to think about a decision to go skiing tomorrow?

"Take the probability of loss times the amount of possible loss from the probability of gain times the amount of possible gain." Buffett

Is an expected value analysis useful in making this decision?
"If you’ve got a low downside and a big upside, you go do it. If you’ve got a big downside and a small upside, you run away. The only time you have any work to do is when you have a big downside and a big upside.” Sam Zell
Read 3 tweets

Related threads

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Zach Vorhies
@Perpetualmaniac
This is a weird story and the facts of the case are baffling.

news.google.com/articles/CAIiE…

This woman is an author and podcaster who talks about the coming end times. She also had a lot of people who have died around her (some may have been assassination)...
Her current husband is also an author of around 12 books. In interviews he’s been super nice and polite.

Yet the state of Idaho and Hawaii have been putting very intense pressure to bring this woman to “justice” - for the crime of not telling the authorities where her kids are..
It’s been reported that she is a fantastic mother by people that know her. So with so many people who have died around her... maybe it make sense that her kids are in hiding and she is concerned that they will be next and wants to maintain secrecy for their wellbeing...
Read 13 tweets
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Friend or Foe?
@starknightz
1. #News ~ Google Insider @Perpetualmaniac: "people have been waiting for this Google Snowden moment..." Hundreds of leaked Google documents available on @Project_Veritas website... #TRUMP

2. #News ~ NEW: Google "Machine Learning Fairness" Whistleblower Goes Public, says: "burden lifted off of my soul," Leaks Hundreds of Internal Documents #TRUMP

3. #News ~ Democrats/ Leftists THREATEN MURDER OF EL PASO VICTIM'S FAMILY b/c they met with President Trump During His Visit to Texas thegatewaypundit.com/2019/08/leftis… #Trump @realDonaldTrump
Read 71 tweets
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TMV 🌐 Research
@BanksyArtist
🔸Thread 1🔸
On Jeffrey Epstein and everything previously known about him, his disturbing past, friends, island etc.
Over a year's worth of research.

What the #FakeNewsMedia won't tell you about #EpstienIsland #EpsteinsBlackBook
#HumanTrafficking

threadreaderapp.com/thread/1147685…
🔸Thread 2🔸
Jeffrey Epstein.
Ghislaine Maxwell.
Their friends and business involving.
Clintons + Obama + TerraMar etc.
threadreaderapp.com/thread/1150970…
🔸Thread 3🔸Jeffrey Epstein.
Today a judge will decide if Epstein will be let out on bond.
He has offered 75 Million $ and his brother to co-sign another 100 Million.

My prediction right now is NO bond. He is a high risk repeat offender. He has never stopped abusing kids.
Read 35 tweets
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Friend or Foe?
@starknightz
1. #News ~ Nervous Jim?… Fired FBI Chief James Comey Pens New Oped in Far Left WaPo — Tears into President Trump, Calling Him a ‘Liar’ thegatewaypundit.com/2019/05/nervou…

#Trump #Qanon @realDonaldTrump #Spygate #ItsHAPPENING #JusticeComing #SOON #ReleaseTheDOCS #TickTock #PANIC
2. #News ~ Mark Meadows Blasts Comey WaPo Op-Ed Over Tearing Into President Trump, “He Knows His Actions Are About to be Exposed by the Evidence” thegatewaypundit.com/2019/05/mark-m…

#Trump #Qanon @realDonaldTrump #Spygate #ItsHAPPENING #JusticeComing #SOON #ReleaseTheDOCS #TickTock #PANIC
3. #News ~ Crooked Democrat Senator Mark Warner Sounds the Alarm Over Barr’s Declassification Powers in Letter to Intel Chiefs thegatewaypundit.com/2019/05/crooke…

#Trump #Qanon @realDonaldTrump #Spygate #ReleaseDeclass
#ItsHAPPENING #JusticeComing #SOON #ReleaseTheDOCS #TickTock #PANIC
Read 89 tweets
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Friend or Foe?
@starknightz
1. #News ~ John Brennan Freaks After President Trump Orders Declassification, calling his move “outrageous… unprecedented.” thegatewaypundit.com/2019/05/john-b…

#Trump #Qanon @realDonaldTrump #Spygate #ReleaseDeclass #ItsHAPPENING #JusticeComing #SOON #ReleaseTheDOCS #TickTock #PANIC
2. #News ~ Exclusive – Pompeo: $8B Arms Sales to Middle East Allies ‘Appropriate and Necessary’ breitbart.com/politics/2019/…

#Trump #Qanon @realDonaldTrump #WWG1WGA
3. #News ~ Liberal Judge Blocks Mississippi ‘Heartbeat’ Abortion Law breitbart.com/politics/2019/…

#Trump #Qanon @realDonaldTrump #WWG1WGA
Read 106 tweets
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Christopher J. Hale
@chrisjollyhale
Since May 2: "Thug ni**er" texts, soliciting sex from interns, protecting & promoting a child sex abuser, allegedly attempting to illegally jail a black civil rights activist, an FBI probe of selling votes for money, two lawsuits for voter suppression.

Nat'l coverage? Little.
I forgot snorting a line from the State Capitol complex. My bad.
Here's a thread on some good articles to get caught up since the national media has more or less been AWOL.

newschannel5.com/news/newschann…
Read 15 tweets

Trending hashtags

#California #Schools #Russia #ReleaseTheDOCS #News #Communism #Prayers #AntiAmerican #NationalCrisis #DEMS #MAGA #Justice #MuellersReport #fakenews #EnemyOfThePeople #WeBuildTheWall #BigTech #FIGHT #LetYangSpeak #SelfHate #Abortion #FakeNews #PEACE #Trump2020 #PARENTS

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