There's a wonderful Charlie Mungerism that is very relevant to Twitter and #COVID19.
The more you say something, the more you are hammering it into your own head.
During this pandemic, you can definitely see that before your own eyes.
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The covid-bears stay bearish. The covid-bulls stay bullish. You need to really work to see the other side's perspective and doing that is absolutely essential to staying rational. It is very difficult.
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Replying to @Molson_Hart
Are the bears or bulls predicting more deaths? I’ve been very optimistic and I think you are on the other side.
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Replying to @Kane_1200
Bears. Yeah I am on the other side but I am super focused on making sure I change my mind when the facts change.
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Replying to @Molson_Hart
Probably not a good discussion for twitter, but what do you see as the main relevant facts?
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Replying to @Kane_1200
1. Extent of financial contagion 2. Government action 3. Mortality rates or other permanent damage 4. Vaccine & Treatment 5. Virus mutation
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Replying to @Molson_Hart
Yes I agree those are the important areas and I’m concerned about economic impact regardless of the path of the virus. I meant what main facts make you think the virus will kill 100s of thousands or millions?
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Mortality rate is higher than flu and goes up when everyone hits hospital at same time which is what will happen in many countries.
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