By Jordan Novet of CNBC
Microsoft co-founder Bill Gates on Wednesday urged people to remain calm in the face of the coronavirus pandemic. In an Ask Me Anything session on the discussion forum Reddit, Gates was asked about how long “this” will last.
“If a country does a good job with testing and ‘shut down’ then within 6-10 weeks they should see …. Read More
And in case you’re still unsure of what “lock-down” or “social distancing” means for you (and your portfolio to a certain extent), check out this piece by the Washington Post that simulates different social distancing strategies and their assumed effectiveness. #Flattenthecurve!
While we at The Advocates can’t begin to predict the full ramifications of the pandemic, I think it’s worth mentioning that we’re optimistic about humanity’s resilience in the face of such events. As the markets continue to swing broadly to determine perceived fair value, we continue to stay true to our investment strategy so that you can continue to live your plan.