On: Coronavirus outbreak likely now ‘gathering steam’

[mrfusion]

Stock markets are saying no, right?

[ethbro → mrfusion]

Stock markets dominated by semi-intetested participants are terrible at predicting unlikely events.

[jerf → ethbro]

Everyone is terrible at predicting unlikely events. If you think you've got a better bead on it, it doesn't take all that much money to buy some options.

[ethbro → jerf]

See quip about market remaining irrational for longer than you can remain solvent.