4 ms·
That's not that financially incredible. That's the price that MSFT was at less than a year ago.
by goldenchrome 7y ago
That's not that financially incredible. That's the price that MSFT was at less than a year ago.
- quickthrower2 7y agoGlad someone else noticed this. We are yet to have a crash from the coronavirus pandemic. You'd need another compound 50% off before I call it a crash.
- jlmorton 7y agoIndeed, we're currently somewhat above the nadir in 2018 when we were all worried about the effects of 10-25% tariffs on $250 billion of US imports of Chinese products. I don't know about the rest of you, but I am definitely not feeling as confident in the mid-term, or even long-term outlook as I was then in 2018.
- arcticbull 7y agoI'm neutral on the market right now, I don't think it's entirely unfairly priced. NASDAQ is in the best shape of the indices because tech companies don't seem hugely affected by all this insanity. Most major investment banks are expecting a huge boom in Q4/Q1 and return to business as usual. COVID new cases are trending downwards across all major economies (except the US, to follow soon) [1] I'm actually feeling better now than I was in October 2018. Rates are lower, tons of financial stimulus, a waning problem and a warming stock market. [1] https://aatishb.com/covidtrends/ https://aatishb.com/covidtrends/
- Retric 7y agoThe issue is without herd immunity or a vaccine this can all start up again from a single case anywhere in the world. That’s a lot of uncertainty.
- arcticbull 7y agoIndeed but as virulent as it is, and with so many people having zero symptoms or mild flulike symptoms, we're all going to get it. The question is whether we get it first, or the vaccine is developed first. Either way, this will sort itself out shortly.
- Retric 7y agoBoth social distancing and herd immunity reduce the R factor. Thus nearly everyone may end up with the disease in NYC, but in less dense areas it can stamped out with vastly lower infection rates. That alone could make the difference between 70% vs 30% of the US population getting even with minimal precautions.
- arcticbull 7y agoYeah but no less dense area stands alone. One person from a more dense area visits a less dense area and we're right back at it.
- Retric 7y agoI am hopeful we can suppress this disease before herd immunity develops in cities. But, once that happens they stop acting like dense areas in terms of disease spread. It’s really a question of regional R factors under various levels of social distancing, population, and herd imminuty.
- VBprogrammer 7y agoI have a pet theory that what we're essentially doing is running a huge experiment where we select for the least dangerous strains of the coronavirus. People who get a mild flu or no symptoms at all are less well quarantined and are significantly more likely to pass it on to other people. People who get the worst symptoms are tightly quarantined in hospital, reducing their chances of passing on the worst forms of the virus. It's probably not true and it isn't really based in any biological knowledge but it kind of makes sense in relation to what I've read about how the Spanish Flu epidemic ended.
- adtac 7y agoWell, if he had joined two weeks prior, his RSU price would've been $190, so he basically got 33% more RSUs. It's basically luck but I'm happy for him.