1/n Short thread on some numbers of affected people due to #COVID19
I have also collated the same in a PDF attached here: bit.ly/2TQpbZ7
Source: worldometers
2/n China’s total number of cases on the logarithmic scale has reached an asymptote. Only other country which seems to be reaching such a limit is South Korea.
3/n South Korea
4/n Italy seems just to be at the start of the growth phase on the curve. It has even been adding a record number of cases daily. Note the data for 14 March in new cases is a staggering ~3500 which is 900+ more than yesterday's.
5/n Daily number of additions
6/n Other countries seem to be just getting started on their growth curves unfortunately. Including Iran, Spain, Germany, France & the USA.
7/n Spain
8/n Germany
9/n France
10/ USA
11/n Death Rates and Recovery Rates are outlined below. Any positive case will terminate into either recovery or death at the asymptote is the assumption.
12/n Date is broken into blocks of countries with greater than 1000 total cases, less than 1000 and up to 100 and third category of countries are those which have below 100 cases. Note India has 97 cases as of now.
13/n Note the world average for death rate is 3.72% and recovery rate is 47.60%.
All countries are ordered with descending total number of cases.
14/n Block 1: Countries with 1000 or more cases
15/n Block 2: From 100 to less than 1000 cases
16/n Block 3 less: than 100 cases
17/n Data Source: Worldometers
Disclosure: This is analysis basis some data points as reported on Worldometers.info. Please interpret as you like.
Make a consolidated mail for them. And tag that mail in their inbox. For instance my wife has a tab "DV" & color code it. Do this for your sibling & parents if possible
3/ MY NSDL CAS statements get forwarded to my wife and her statement to mine. I have maintained sporadically though CAS statements in a google drive folder to which both of us have access. As investors your close ones should know every single investment you have.
Short notes from the book 'Dead Companies Walking' by Scott Fearon.
I think this is a must read book for all investors to understand when to stay away from a company even if you don't want to short it.
2/n Things go wrong more often than they go right. Failure is actually a natural - even crucial - element of a healthy economy. And the people who are willing to acknowledge that fact can make a hell of a lot of money.
3/n One of the most enduring & important business traditions is failure
1/n A look at the oldest companies & earliest traded stocks
The 1st stock exchange was established in 1602 in Amsterdam. It was made by the Dutch East India Company, chart below
The south sea bubble of 1720 can be seen. The company lasted under 2 centuries & finally went bankrupt
2/n Another company traded in Amsterdam was The Dutch West India Company which also went into bankruptcy in late 1700s. In the chart below we can see both the Tulip mania & the South Sea Bubble.
3/n But these two companies are no match for the oldest companies which exist till today. They could have merged. Some are listed via the new parent too. The types are:
2/n Being a govt doctor working on the field most of the time he rarely put in effort to do any detailed analysis. He tried his hand at a business & failed miserably. Went back to job.
His learning - give money to people who can run businesses efficiently.
3/n You can never create a business in 1-2 years. It takes decades. So why do you think you will make returns in a few months? He bought stocks with the expectation that for 5+ year nothing would happen.