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Coronavirus - Official Notifications Etc. PM Stannis with Official Updates for Posting

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Until we start taking random samples of the population, you have to consider any increase in number of confirmed cases directly related to the number of tests performed.

Not quite sure what you're saying, but if you're suggesting we're just catching a larger percent of cases we were missing before, that's really unclear. We don't have enough data to conclude one way or the other.

If ability to test is growing at the exact rate the number of actual cases is growing, then increased ability to test is neutral to case growth rate.

If ability to test is growing faster, then it's inflating the growth rate

If ability to test is growing slower, then it's masking the growth rate.

Increases ability to test is not going to impact the death growth rate (unless we weren't testing people who were severe enough they died and we now are)

We just don't have enough data to say, but the rate of changes in deaths a week from now will be a better indication of what the increase in cases actually means, and in 10 days or so will start to show how much the efforts at isolation are helping.
 
It actually is, but I'm not gonna try to convince you otherwise. What you're talking about is speculating, not investing.

Not exactly. The price of the stock is the market agreeing on the price of the claim on the future earnings. The market sets that price. Now you may have a different model and this that the stock is underpriced and you are investing. Or you may just be hoping the virus is fine and the stimulus will save us, in that case you are speculating.

In a crash it’s all speculation I suppose.
 
Not exactly. The price of the stock is the market agreeing on the price of the claim on the future earnings. The market sets that price. Now you may have a different model and this that the stock is underpriced and you are investing. Or you may just be hoping the virus is fine and the stimulus will save us, in that case you are speculating.

In a crash it’s all speculation I suppose.

people pulling their market out to liquidate because they need cash doesn't mean the market's actual value is that low, it means that there isn't enough cash. That's why the people who have cash on hand consistently make a future at times like this.

If I had excess cash, I'd be buying everything I could. What I thought was excess cash a week ago is no longer that. My ability to accumulate excess cash likely won't return until after the market recovers.

That's why people say the stocks are discounted right now.
 
people pulling their market out to liquidate because they need cash doesn't mean the market's actual value is that low, it means that there isn't enough cash. That's why the people who have cash on hand consistently make a future at times like this.

If I had excess cash, I'd be buying everything I could. What I thought was excess cash a week ago is no longer that. My ability to accumulate excess cash likely won't return until after the market recovers.

That's why people say the stocks are discounted right now.

Yes and no. Again, I am just explaining the fundamentals of stock investing. People are selling because they fear the recession will lead to less cashflow to equity. That’s what a share of stock is, a claim on the residual income. That is the underpinning of the price. If you believe the efficient market hypothesis then this is the answer.
 
Yes and no. Again, I am just explaining the fundamentals of stock investing. People are selling because they fear the recession will lead to less cashflow to equity. That’s what a share of stock is, a claim on the residual income. That is the underpinning of the price. If you believe the efficient market hypothesis then this is the answer.

under normal conditions, these aren't normal conditions, people who otherwise would invest at these prices are forced to either hold or sell at these prices to free up cash since their cash flow just vanished. They recognize it's discounted, can't take advantage of it.
 
under normal conditions, these aren't normal conditions, people who otherwise would invest at these prices are forced to either hold or sell at these prices to free up cash since their cash flow just vanished. They recognize it's discounted, can't take advantage of it.

Hmmm I see your thought process but no. Some will be forced sellers and need the cash but the buyer on the other side will set the price with a fundamental underpinning. Until the next day or hour when new info comes out. Believe me on this.
 
Not quite sure what you're saying, but if you're suggesting we're just catching a larger percent of cases we were missing before, that's really unclear. We don't have enough data to conclude one way or the other.

If ability to test is growing at the exact rate the number of actual cases is growing, then increased ability to test is neutral to case growth rate.

If ability to test is growing faster, then it's inflating the growth rate

If ability to test is growing slower, then it's masking the growth rate.

Increases ability to test is not going to impact the death growth rate (unless we weren't testing people who were severe enough they died and we now are)

We just don't have enough data to say, but the rate of changes in deaths a week from now will be a better indication of what the increase in cases actually means, and in 10 days or so will start to show how much the efforts at isolation are helping.
So I think he is saying that only random sampling would give you an accurate picture of the actual infection scale.. which is true.. we are only testing people who we think are sick and in some cases have already been tested for flu and pneumonia.. we are also only testing people with a personal care physician.. so the results this far can not be expstrapolated into the national population.. this is also true by the way of Italy, France Germany and so on.. really only Korea has done what I think is representative testing to such an extent that they really understand the scale of it..
 
Hmmm I see your thought process but no. Some will be forced sellers and need the cash but the buyer on the other side will set the price with a fundamental underpinning. Until the next day or hour when new info comes out. Believe me on this.

Not a chance.
 
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