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vgr's profile
Venkatesh Rao
Venkatesh Rao
Venkatesh Rao
@vgr

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Venkatesh Rao

@vgr

Conversational account. For work follow @ribbonfarm, @breaking_smart, @artofgig. Tweets are 90% vacuous views, apathetically held. Mediocritopian. IKEA builder.

Los Angeles, CA
venkateshrao.com
Joined August 2007

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    Venkatesh Rao‏ @vgr Jun 2
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    I'm guessing about 30% of the US population is currently at medium to high risk of their life getting seriously upended by 2020 (ranging from PTSD and destroyed careers/businesses to jail or lost life)

    12:55 PM - 2 Jun 2020
    • 15 Retweets
    • 130 Likes
    • YugoslavFubuki HDMIRROR J.G. Ungar Veljko Skarich Martti Kalliala portalnyc Lawrence Shields Michael Malo ian m hines
    5 replies 15 retweets 130 likes
      1. New conversation
      2. Mask-Wearin Marcus Detry‏ @MarcusDetry Jun 2
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        Replying to @vgr

        But yet the market is basically flat for the year. I’d love to hear some rationale for buying stocks from the people who are actually buying at these prices.

        3 replies 0 retweets 2 likes
      3. Louwill Lemon Pepper BBQ‏ @washedupRJ Jun 2
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        Replying to @MarcusDetry @vgr

        How many of their privately owned competitors in certain industries are going to wash ashore? Being able to loot market share over the past few mnths seen as greater LT benefit than ST fall in demand. That would be my crack at the reasoning.

        1 reply 0 retweets 1 like
      4. Show replies
      1. Hugh Sansom‏ @hughsansom Jun 2
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        Replying to @vgr

        If mental health is factored in, the number may be well over 30%. But the U.S. already had some of the highest rates of mental illness in the world. With respect to suicide, rates often decline during crisis, then spike later.

        0 replies 0 retweets 1 like
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      1. Herb Credulity‏ @datthewmao Jun 2
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        Replying to @vgr

        *raises hand* I lost my job in Minneapolis commercial real estate three weeks ago. Literally no jobs available rn. However, I was primarily managing the Midtown Exchange complex in South Minneapolis, so I might be living in a Chinese proverb.

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      2. Pat Larsen‏ @PatrickLarsen Jun 2
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        Replying to @vgr

        I think with 40M unemployed- 120M directly affected in a safe estimate for high risk

        1 reply 0 retweets 3 likes
      3. Venkatesh Rao‏ @vgr Jun 2
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        Replying to @PatrickLarsen

        yeah that's how I got there

        1 reply 0 retweets 1 like
      4. Show replies
      1. "Fire Buddha" Rival Voices (76/284 olympic squats)‏ @nosilverv Jun 3
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        Replying to @vgr

        Stonks go brrr tho

        0 replies 0 retweets 1 like
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