Coronavirus SARS-CoV-2 Covid-19

[Jil]

@hanera

@Jil

This is what Ray Dalio did six months before. When he had 150B+ stocks, he took 1.5B for purchasing puts. Now, his fund net worth remains same or positive.

We should let him manage our money?

1. There are plenty of people like him, but you need to evaluate pros and cons then decide
2. Ray is too big, min investment is 500k, but good people charge heavily their clients
3. Some of them like Seth Klarmann, they do not accept new clients
4. It is up to you to evaluate and decide.

It is not that I am skeptical about money manager, but I can handle better than them.

@hanera

@Jil

They use software to analyze data and have good analysts to predict the danger ahead of time in Nov 2019 itself.

Which mean human behavior is not as random as one might think. Events may not be as random as they may seem.
Buddha said, Consequences of our action. 因果 有因必有果

Sometimes people predict based on experience, and with some study or research materials. There are plenty of software available at high cost and people like Ray Dalio pay $250k to $500k level employ analysts to do their work.

We can also analyze/predict on our own, but it takes time, 1-2 years. If you review fundamentals, over all economy, at 100000 feet level you will be able to know market is exuberantly up or wild down. There are people like Robert Shiller who make wonderful studies, predict using their own measures (do not trust their TV/News interview). Their research are really good. It is again our focus that makes or breaks our life.