> The stock market didn’t start to decline until Mid March so by definition the majority of “betting men” were still not sure the pandemic would have as far reaching of effects they did.
Indeed, there is a bell curve of "wait-and-see-what-the-others-do".
Indeed, there is a bell curve of "wait-and-see-what-the-others-do".
https://www.epsilontheory.com/sheep-logic/