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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: the traveler who wrote (8748)3/27/2020 11:57:42 AM
From: Sweet Ol2 Recommendations

Recommended By
the traveler
Winfastorlose

  Respond to of 27046
 
Remember what Mark Twain said:"There are 3 kinds of lies, regular lies, damned lies and statistics."

Ever since my grad school stats classes I have been leery of peoples statistics. The often don't measure what they are trying to prove.

Remember what the accountant said when asked how much is 2 + 2: "How much do you need?"

Blessings,

SOJ



To: the traveler who wrote (8748)3/27/2020 11:59:01 AM
From: Kirk ©  Read Replies (2) | Respond to of 27046
 
We have data showing CONFIRMED DEATHS due to COVID-19 doubling in the US every 3 days.

ourworldindata.org

If that rate continues... it overwhelms the system and the death rate could be much higher than 0.1 to 1.0%, as they saw in China.

Yes, models have problems and are not perfect

I was one of the first to ague with the Green People that EVERY MODEL THEY HAD failed to predict what we observed for global warming... I think it was in 2016 and 2017.... when they had to change the name.

I was also one of the first Silicon Valley people to start talking about the paper talking about a potential cure with chloroquine.... look at last Wednesday on my Facebook page. It was pretty cool to be in that loop on the first day, or close to it then hear the president talk about it much later on TV.