Interesting that there are no reported deaths from coronavirus outside of China for 100 cases so far. Dumb crude calculation: Odds of no deaths assuming a 2% fatality rate for 100 cases is 13%. If we go a week without anyone outside of China dying, the panic will subside.
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Replying to @svrnco
It was a back of the envelope calculation, but I disagree with it quite a bit: 1. Selection bias (people who travel are of better health than those who don't) 2. Time lags on deaths 3. The whole thing is basically totally unpredictable Asymmetric downside to markets.
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Replying to @Molson_Hart
The selection bias could go the other way: The sickest are most likely to get medical attention once landed. Lots of healthy people who had exposure (and may be carriers) haven't been screened for the virus in the US, Canada, etc. Agree re: time lag.
2 replies 0 retweets 1 like -
Replying to @svrnco @Molson_Hart
There are probably a 1,000+ people who died from a heart attack taking a sh#$ in the morning.
#saliencybias2 replies 0 retweets 5 likes
Molson Hart Retweeted Molson Hart
https://twitter.com/Molson_Hart/status/1222672004731588608 … Heart attacks ain't contagious.
Molson Hart added,
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