*** VD 14 Commentary Thread ***

[revo]

$10 says he's pulling a Johnny from VD6

Who's Johnny, she said?

[The Feral Slasher]

Also known, at least in my mind, as the GladHeAteHer strategy.

punting wins and K's ?

[Bene Futuis]

punting wins and K's ?

No, punting ratios.

[The Feral Slasher]

Also known, at least in my mind, as the GladHeAteHer strategy.

"Pulling a Johnny" wink, wink

[Bene Futuis]

punting wins and K's ?

Which is pretty easy to do in these drafts because you can easily surpass the IP threshold and get two certain automatic QUIZY pitchers that no one else would ever bother with.

[Ken]

Random observation- the Randy Johnson pick for some reason reminded me of his early years when he was not as good. It would be fun to do a hacking mass type competition on one side of the standings.

i.e. instead of best year, you choose worst year, trying to accumulate the best team for careers and WORST team for BY. We'd need some kind of minimums for the BY obviously, but otherwise just invert the standings. Would be funny.

[revo]

Randy Johnson was my other choice, but went with Piazza instead.

[cavebird]

Which is pretty easy to do in these drafts because you can easily surpass the IP threshold and get two certain automatic QUIZY pitchers that no one else would ever bother with.

I briefly flirted with an idea of trying to get such good ratios that I could absorb one of those guys without tanking ratios, but it costs way too many good letters and really makes the K's tough to come by.

And, yes, I sort of figured that was where revo was going at this point, although you never know. He still has tons of good letters left to build a staff. At this point, it is probably smart for him to keep both avenues open and just take hitters until he has to make the choice when enough pitchers are gone.

[heyelander]

That’s a great question. It might be technical, or it might be that all the money the govt is pumping in is working, or it might be that investors just think this is a good buying opportunity. I don’t really know.

I’m only about 50% invested and maybe 25%-33% for clients. I’m still betting on a pullback, maybe not to the 19,000 low, but maybe to 20,000-21,000 on the Dow. If it does that, I’d pile back in 100%.

So... having trouble wrapping my head around something...

I think about all the money lost by travel and leisure. Concerts, weddings, restaurants, vacation, tourism, airlines, sports, movies, brick and mortar retail, there's months of nothing for these people, so that money is gone. But it's not really gone, right? It's just not spent, so I guess it had to stay were it was. Some of it shifted I guess, maybe streaming service membership is up, maybe more amazon purchases (though I don't think so) more cooking at home (although food producers are getting killed by the lack of restaurants) but the rest just sat where it was? People didn't spend it? So the people that can weather this, are they doing better? The money is still there, right? Unless you are in the 10%+ that got laid off. Is it just consolidating further in the wealthy? Or at least upper middle class that can work from home? Is the money still there somewhere, and we added a ton to it in stimulus?

[cavebird]

So... having trouble wrapping my head around something...

I think about all the money lost by travel and leisure. Concerts, weddings, restaurants, vacation, tourism, airlines, sports, movies, brick and mortar retail, there's months of nothing for these people, so that money is gone. But it's not really gone, right? It's just not spent, so I guess it had to stay were it was. Some of it shifted I guess, maybe streaming service membership is up, maybe more amazon purchases (though I don't think so) more cooking at home (although food producers are getting killed by the lack of restaurants) but the rest just sat where it was? People didn't spend it? So the people that can weather this, are they doing better? The money is still there, right? Unless you are in the 10%+ that got laid off. Is it just consolidating further in the wealthy? Or at least upper middle class that can work from home? Is the money still there somewhere, and we added a ton to it in stimulus?

Money is an abstract principle. It is worth only what people decide it is worth. The pieces of paper and computer pixels or whatnot are inherently valueless. Therefore, it can go away very quickly if the money or assets are considered to have less value. Beyond that issue, the world is a productive place---people everywhere add to the wealth of the world through their work, making things, mining minerals, or whatever. When people stop doing that for a significant amount of time, the world has less wealth, and it feeds back into the valuation issue---the prices of stocks and other assets inherently have the continued productivity of the world priced into them. When that productivity diminishes significantly for a long period of time, those valuations go down. So yes, wealth can easily be lost, all the time in paper terms, and in real terms when the world is less productive, such as during recessions and pandemics.

[Bene Futuis]

So... having trouble wrapping my head around something...

I think about all the money lost by travel and leisure. Concerts, weddings, restaurants, vacation, tourism, airlines, sports, movies, brick and mortar retail, there's months of nothing for these people, so that money is gone. But it's not really gone, right? It's just not spent, so I guess it had to stay were it was. Some of it shifted I guess, maybe streaming service membership is up, maybe more amazon purchases (though I don't think so) more cooking at home (although food producers are getting killed by the lack of restaurants) but the rest just sat where it was? People didn't spend it? So the people that can weather this, are they doing better? The money is still there, right? Unless you are in the 10%+ that got laid off. Is it just consolidating further in the wealthy? Or at least upper middle class that can work from home? Is the money still there somewhere, and we added a ton to it in stimulus?

A lot of concepts embedded in this post --- capitalism, laissez faire economics, wealth, value, marginal utility. What do you mean when you say "money" or that "it's not really gone"? Relative wealth? Or physical money? Both?

[Bene Futuis]

Gotta say, my corona beard is growing in nice and beefily. The traitorous hair on the top of my head has abandoned me but not the whiskers!

[DMT]

Gotta say, my corona beard is growing in nice and beefily. The traitorous hair on the top of my head has abandoned me but not the whiskers!

I've got a ridiculous Corona 'stache.

[revo]

I cut my goatee into a CDC-approved Thurman Munson-esque horseshoe stache

[DMT]

What's the status of the SS?