3 ms·

Seriousness of wuhan virus was known since end of January, but stock market ignored it completely, raging into all-time highs till February 20th. Regular perso

• zeroonetwothree 7y ago
  This is called hindsight bias
  • anm89 7y ago
    Claiming this after the fact could represent hindsight bias. It does not change the fact that the market had an inefficiency in pricing this information into many assets two weeks ago. If someone bought or sold assets based on a strategy based on this belief (and certainly at least some people did), then they exploited that perceived inefficiency correctly without hindsight.
  • yfljzs 7y ago
    I predicted this. I made 100% return on my $4000 investment. That's not hindsight bias.
• austhrow743 7y ago
  Wuhan virus mostly affects the elderly who are largely out of the workforce. It's not the virus that's disrupting markets it's the response, which no, regular people could not see coming. Even experts are commenting on how well China did to respond in such a drastic fashion. Plenty of countries still haven't done anything large scale to address it.