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Every 16+ year old in the Bay Area has had access to a vaccine for 6 weeks.


People have still been putting it off. And it still takes a few weeks for full immunity to kick in.


Also, anyone that is vaccinated can still 'catch Covid' and potentially pass it on to family members that are not yet able to be vaccinated.


Anyone can catch anything and potentially pass it on all the time. But at least the CDC thinks the risk is sufficiently low that it is not worth worrying about:

https://www.cdc.gov/coronavirus/2019-ncov/vaccines/fully-vac...

>If you’ve been fully vaccinated:

>If you’ve been around someone who has COVID-19, you do not need to stay away from others or get tested unless you have symptoms.

I don't know what this caveat right after that is about though.

>However, if you live or work in a correctional or detention facility or a homeless shelter and are around someone who has COVID-19, you should still get tested, even if you don’t have symptoms.


CDC has lost a fair bit of credibility from my perspective over the past several years. A lot of their guidance, or lack of it, has been politically influenced.


Guidance for masks and COVID shutdowns under a government led by people publicly denouncing masks and shutdowns was politically influenced?

Guidance for opening up and removing mask mandates under a government led by people publicly for masks and for extra caution for opening back up is politically influenced?

Sounds like some terribly ineffective political influence.


Seattle area has had access at least as long, and I drove 90 minutes to get that shot as early as I could. I hit full vaccination status on Monday of this week, so no outdoor lunches for me last week. Which makes me kinda wonder what point you're trying to make.


Yeah, that's my model here. I'm still waiting on full immunity and I got shot 1 a day after eligibility opened up. I am not particularly concerned about my safety but I'm still wary of accidentally exposing someone who's unvaccinated and it bothers me to see businesses and other organizations just dismiss the risks posed by actions they could simply avoid taking.


Glad I am long $PSTH


This is what came to my mind. Sinister tactics but apparently very effective given airline policy.


But that's the key difference between west and Russians. One wouldn't blink an eye to kill one of their own people to advance, while other tries to protect their citizens at almost any cost...


Which is which?


That's not always obvious. Luckily, we have a lot of movies showing us the difference between goodies and baddies


It's a good thing we have Hollywood to help us calibrate our moral compasses!


You're getting downvoted but the producer of the show "24" has stated that it was a "patriotic" show and it's at least in part responsible for the acceptance in the American public opinion of the torture inflicted upon terrorism suspects post-9/11. TV/movies are not mere entertainment, they often carry a message.


It's an open secret that US military influences movies to whitewash themselves. The message is that regardless of some dark pages of history, military and CIA are fundamentally the Good Guys(tm)

https://www.wsws.org/en/articles/2020/02/27/nsec-f27.html


Yeah, look at Hollywood and calibrate to the opposite!


This topic generates so much negative discussion... I am still trying to wrap my head around it


I'm not sure what's so difficult to understand. Unless you're extraordinarily naive and have been living in the Tubbytronic Superdome, it is pretty clear that this is likely another case of BigTech censorship. It might not be, of course, but very likely given what we know.


Changing the drive settings from "chill" to "sport" will increase the acceleration by 15% or so. This doesn't allow control of the steering wheel.


This is amazing. As someone who has lived in conditions where safe water isn't freely available, this costing 3.5 cents and being manufactured in an emerging market is life changing.


I am still super long PSTH. It's the biggest SPAC ever led by a reputable value investor. The target will be huge (Stripe, Starlink, etc.)


Reputable companies don’t need SPACs. I’d guess there is close to zero chance of any SPAC landing a high quality company like stripe, Starlink etc...


You are generalizing too ambitiously. It is true that (for the most part) reputable companies do not need SPACs. However, that is not the same as saying there is a close-to-zero chance for a SPAC to land a high quality company.

I have numerous friends in IB who specialize in this, and I have been told that $PSTH has a high chance of landing a 'quality' target. The scale of $PSTH is huge ($4 billion guaranteed capital + $1 billion-committed capital from $PSH which can be extended for a further $2 billion). This is $5bn-$7bn guaranteed capital. In fact, this is one of the biggest IPOs on the NYSE (IPO for the vehicle Pershing Square Tontine Holdings). As Ackman has said numerous times in interviews, many companies that are planning to go public do not like uncertainity. This is a way to avoid that. Not to mention the fact that in late-2020 Ackman confirmed he is launching PSTH2 which appears to have the exact same structure; high amounts of guaranteed capital, low dilution & fees.

Of course, "high quality companies" is a subjective term, however, I have no doubt that any company obtaining $5 billion after the reverse-merger will be a company well-established in thier respective field and can be argued as being "high quality". For the record, I do believe there is a close to zero chance of $PSTH reverse merging with Stripe or Starlink. I think they were founded on pure speculation by various other social media communities.


Elon already said Starlink is not going public for a while because it doesn't have the cash flow yet. Ackman said on BLOOMBERG TV that Stripe & Airbnb said they were not interested in using his SPAC. Patrick and John Collison have both been very anti going public and so I doubt they will have a change of heart. They also have voting control of the company.

The only real possibility is Bloomberg LP, although Bloomberg had denied the rumors.

It's also funny that everybody seems to forget about Valeant and Herbalife...


"The only real possibility is Bloomberg LP, although Bloomberg had denied the rumors"

And how did you come to this conclusion? There are many, many private companies that fit the criteria outlined in the S1.

"It's also funny that everybody seems to forget about Valeant and Herbalife... "

I have not met a single person who does not think of those events when discussing about Ackman. In fact, during his COVID-19 short & CNBC interview, there was no shortage of discussion about Valeant and Herbalife on financial twitter/Reddit/news comments.


There’s a good number of reputable top of the industry companies who went the SPAC route. Off the top of my head: United Wholesale Mortgage, DraftKings, Desktop Metal, ChargePoint


Or lucid


Lucid isn’t in the same class as stripe or Starlink. It hasn’t sold a single car let alone turned a profit. That is solid SPAC territory


Maybe, except i think you can say at least their team is pretty solid.


Ackman is an activist investor not a value investor. Ackman already said Stripe declined his approach.


An activist investor is a kind of value investor. "These assets are worth more than the market says - the discount is bad management. Let's buy the assets cheap (good value) and change the people who, as owners, we pay to manage those assets."

The idea that such an approach is anything but value and anything but completely normal and somehow rebellious and untrustworthy is quite weird and speaks to some kind of capture of highly paid management position by some kind of group of people. (I really hesitate to use the word "class" because these people might be a temporary alliance including the born poor and status challenged - the marxist "born to it" doesn't help the analysis much at all. Think the cool, sports jock table at high school).


> An activist investor is a kind of value investor. "These assets are worth more than the market says - [...]

Isn't any investor who's not just buying an index fund a value investor by that broad definition?

(Even shortsellers just say: this stuff is worth less than the market says.)


As opposed speculator. "It's going up, i just know it." Or market makers, or technical analysts, or reading tea leaves...etc

Value investor suggests you have valued the assets and have reason for thinking they are underpriced. Shareholders own the company's assets. Managers are their employees and are not owned any more than any employees or indeed humans are owned.


Ackman is both. He is an activist in some of his plays, however, as can be seen through his publicly traded fund $PSH, most of his investments are long-term value investments which is also the sentiment echoed in his investor letters/presentations.

However, to the point of his SPAC vehicle - $PSTH, he has already stated in some interviews that he is not always looking for activist plays, and that $PSTH does not need to be one.


What's reputable about value investors when they haven't had worthwhile returns in at least 10 years?


is there any reason to think starlink is even a possibility? i dont know much about all this but browsing reddit a few weeks ago that seemed like the meme possibility, in the same way that GME was going to go to $10000 a share.


There is no reason to think Starlink is a possibility. It is unfounded speculation being propagated by various social media communities.

There is not a single conclusive link between any SPAC and Starlink. All that exists is speculation, mainly (weakly) hinging on Elon's personality.


If I had to go back to the office I would simply work for big tech.


What's the point in disparaging the dead.


To discourage adoration and emulation.


I have to cancel my credit cards when a vendor makes it that difficult to unsubscribe


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