Exclusive: 98-year-old investing legend Charlie Munger 'appalled by the fear of vaccination' in the U.S.
Legendary investor Charlie Munger isn’t shy about his feelings towards people who won’t get the COVID vaccine.
Spot on Charlie
- Thread starter Nbergbuck
- Start date
If there are negative effects down the road Charlie won’t be around. I can certainly see his position as there’s no downside for him.
Exclusive: 98-year-old investing legend Charlie Munger 'appalled by the fear of vaccination' in the U.S.
Legendary investor Charlie Munger isn’t shy about his feelings towards people who won’t get the COVID vaccine.finance.yahoo.com
I’m talking 5 to 10 years down the road. We don’t know what effects they may have over time. Hopefully none!
Imagine that, a Warren Buffet colleague supporting a Biden mandate…I would have never have guessed that
You should ask Charlie if the income tax rate should be 94% for people making a $2.4MM and above.
In 1944-45, “the most progressive tax years in U.S. history,” the 94% rate applied to any income above $200,000 ($2.4 million in 2009 dollars, given inflation). In World War Two, tax law revisions increased the numbers of “those paying some income taxes” from 7% of the U.S. population (1940) to 64% by 1944.
Or if Berkshire Hathaway would be willing to pay corporate tax over 50%
Corporate Tax Rate in the United States averaged 32.37 percent from 1909 until 2021, reaching an all time high of 52.80 percent in 1968 and a record low of 1 percent in 1910.
You should ask Charlie if the income tax rate should be 94% for people making a $2.4MM and above.
In 1944-45, “the most progressive tax years in U.S. history,” the 94% rate applied to any income above $200,000 ($2.4 million in 2009 dollars, given inflation). In World War Two, tax law revisions increased the numbers of “those paying some income taxes” from 7% of the U.S. population (1940) to 64% by 1944.
Or if Berkshire Hathaway would be willing to pay corporate tax over 50%
Corporate Tax Rate in the United States averaged 32.37 percent from 1909 until 2021, reaching an all time high of 52.80 percent in 1968 and a record low of 1 percent in 1910.
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You weigh that against the known effects of Covid. I am vaxxed, boosted and not worried. What you cite is the lesser of 2 potential evils.
If you're fat, yeah. 80% or so of all COVID deaths were obese.
And had four or more comorbidities, not one. The misinformation (which includes admitting key information) by the media around all of this has been astounding.
Over 45% of Americans have heightened susceptibility to severe COVID complications due to comorbidities. America is the fattest country in the world and the least healthy first-world country–all with the worst healthcare system of comparable nations. Why do you think we have so many more deaths here from COVID than other countries?
Can't have anything to do with manipulating the numbers and counting everyone who died who happened to test positive as a COVID death.
Our government officials would never manipulate numbers to push an agenda.
Unbelievable. Over 900K deaths and still in this pandemic after 2 years. There are those questioning whether or not all the deaths can be attributed to Covid. No, an autopsy was not done on all of the deceased. Does it really matter if the actual number was only 800K? Try seeing the big picture.
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We have finally started recognizing how poorly President Biden has handled the Covid pandemic over on CNN. Even we had to come clean and admit his failures. It was hard but we felt it was the journalistically right thing to do. We will not be covering his other failures (and it’s a long list) but we do have a hunch on what is coming in the midterms. It’s not going to be pretty for the party.
Not only will he not be around if there are any long term side effects, we know that the shot doesn't prevent the spread of covid, so why people are so worked up about people not getting the shot makes no sense anymore. If they want to take the risk, let them. It doesn't effect you in any way.Exclusive: 98-year-old investing legend Charlie Munger 'appalled by the fear of vaccination' in the U.S.
Legendary investor Charlie Munger isn’t shy about his feelings towards people who won’t get the COVID vaccine.
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Some of this is right. Some not so much. Our healthcare system is one of the best. It scores low because we as a nation are so unhealthy.
It also scores low because we value the rights of the individual over the welfare of society.
Wrong.
Vaccinated who get breakthrough infections less contagious
Breakthrough COVID-19 cases in vaccinated people may be less likely to spread infection because virus is shed for a shorter period of time as opposed to infections in unvaccinated people.
news.harvard.edu
How does this impact you in any way on unvaccinated people?
Well the shot doesn't do anything either way for the welfare of society. It's great for the individual, but since the shot doesn't prevent anyone from getting or passing covid, there is no societal benefit of it.
That article says the shed virus MAY be for a less period of time. The load is still similar, which is the big factor for it to be transmissible. Sure, the less time of being transmissible means not as many people can get it from that person over a period of time, but they are still just as infectious as someone without the shot during the shed period, AND that person with the shot will be more likely to not KNOW that they have covid and can spread it because they are more likely to be asymptomatic.Wrong.
Vaccinated who get breakthrough infections less contagious
Breakthrough COVID-19 cases in vaccinated people may be less likely to spread infection because virus is shed for a shorter period of time as opposed to infections in unvaccinated people.
He will never get it because he's been told that it hurts everyone if one person doesn't get the shot. What he doesn't understand is that he's being propagandized by big pharma to get as many shots out there as possible because it's good for the big pharma pocketbook.
You got the MAY be less likely correct from the article. Lol The writer or they don’t really know so it’s written with may, could, might etc.
The ?? was because the sentence makes no sense. That said, we are now 2 years into this pandemic with almost 1M dead. Yes, pharma profits. The vax is/was a way to end it or at least lessen its impact. The data clearly shows that.
No, the data clearly shows the shot lessens the impact for the individual. It also clearly shows that it would not end it. That's why I refuse to call it a vaccine anymore, because it isn't a vaccine. It's a shot.
Call it what you like. A 98% vax rate and we are in a far better place. Keep in mind the virus was probably engineered, not a product of nature. That has allowed it to be difficult to combat effectively.
How exactly would we be in a far better place as a community with a 98% rate? Doesn't matter if it was engineered or not. It mutates too quickly to get rid of it, just like the cold and the flu.
Here is a list:
1. ICU's not crammed to capacity, leaving no room for those with non-covid issues.
2. No need for refrigerated trailers outside hospitals
3. People who do get covid, probably mistake it for the flu and life goes on
4. Are educational system would have sustained far less damage. I am a retired educator. This pandemic has been a disaster for schools.
5. The fact that it was engineered very much matters. That engineering has made it difficult to control. The vax is THE major tool in gaining the upper hand.
6. I could go on.
He is saying that over half of black Americans are 'massively stupid.' That's racist.Exclusive: 98-year-old investing legend Charlie Munger 'appalled by the fear of vaccination' in the U.S.
Legendary investor Charlie Munger isn’t shy about his feelings towards people who won’t get the COVID vaccine.
Number 4, the schools have been a disaster for students.
I know. They have really slipped since I retired. Covid has just added to it.
@Nbergbuck
1. ICU's not crammed to capacity, leaving no room for those with non-covid issues. This is more of an issue because they fired health care workers for not getting the shot. ICU's are almost always at near capacity in large cities.
2. No need for refrigerated trailers outside hospitals No idea what this is in reference to.
3. People who do get covid, probably mistake it for the flu and life goes on I had covid before the shot and I thought I had a cold. This statement is true for most people that had the shot or not.
4. Are educational system would have sustained far less damage. I am a retired educator. This pandemic has been a disaster for schools. Our educational system sustained damage because when we learned kids weren't very vulnerable we continued moronic policies. Kids are not a high risk. Teachers sure, but if they had the shot, then there shouldn't be anything for them to worry about.
5. The fact that it was engineered very much matters. That engineering has made it difficult to control. The vax is THE major tool in gaining the upper hand. The only thing that matters that it was engineered is the fact that it was purposly made. The way it mutates isn't that different from the cold or flu. The fact that it was engineered isn't making that much of a difference.
6. I could go on. Doubtful because you seem to be out of touch with reality.
1. ICU's not crammed to capacity, leaving no room for those with non-covid issues. This is more of an issue because they fired health care workers for not getting the shot. ICU's are almost always at near capacity in large cities.
2. No need for refrigerated trailers outside hospitals No idea what this is in reference to.
3. People who do get covid, probably mistake it for the flu and life goes on I had covid before the shot and I thought I had a cold. This statement is true for most people that had the shot or not.
4. Are educational system would have sustained far less damage. I am a retired educator. This pandemic has been a disaster for schools. Our educational system sustained damage because when we learned kids weren't very vulnerable we continued moronic policies. Kids are not a high risk. Teachers sure, but if they had the shot, then there shouldn't be anything for them to worry about.
5. The fact that it was engineered very much matters. That engineering has made it difficult to control. The vax is THE major tool in gaining the upper hand. The only thing that matters that it was engineered is the fact that it was purposly made. The way it mutates isn't that different from the cold or flu. The fact that it was engineered isn't making that much of a difference.
6. I could go on. Doubtful because you seem to be out of touch with reality.
1. It was an issue because it is difficult to expand an ICU due to constraints in space and personnel. The influx of unvaxxed covid patients pushed them over the top.
2. Hospitals all have temporary morgues. Even fairly recently trailers had to be brought in to provide space for the influx of unvaxxed deceased.
3. The number who did die or became seriously ill numbered in the millions. That was not a cold. You were lucky especially if you are not vaxxed.
4. In this country we always err on the side of caution. Schools are no exception. Everyone vaxxed early, less problem.
5. It appears to have been purposely made which gave it the properties that make it difficult to control. This as opposed to the flu, which occurs naturally and is not "weaponized".
6. Lets hope a really deadly variant does not emerge. With all of the unvaxxed dug in, we will be f'd.
Imperfect Vaccination Can Enhance the Transmission of Highly Virulent Pathogens
A study using Marek's disease virus in poultry shows that by reducing natural selection against highly virulent strains, imperfect vaccination enables the spread of viral strains that would otherwise be too lethal to persist.
Exclusive | NYC hospitals overrun with bodies during COVID death surge, staffing shortages
Hospitals are scrambling to organize dead COVID-19 patients, shifting them between facilities amid backlogs at the city Medical Examiner’s Office and local crematoriums, The Post has learned.
nypost.com
"A hospital official also said the Medical Examiner’s Office was “slammed” because it doesn’t have enough staffers to identify and transfer all the bodies in its morgues."
Like I said, staffing shortages are a large part of the problem.
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It's actually all right. Our healthcare system is great for the wealthy. If we have one of the best healthcare systems, we wouldn't be such an unhealthy nation.
Incorrect. If we had better food and nutrition (education is the biggest issue here) in our country we wouldn't need our healthcare as frequently to take care of the unhealthy people. We are one of the fattest nations in the world. Our healthcare system isn't making people fat. It's the poor nutrition.
Also, saying a healthcare system only works for the wealthy is it's own issue and that does NOT say that it's a bad (IE: incapable) system. It's more than capable, but I agree that costs are an issue. Much of it is due to lack of physicians. There are tons of issues though and hard to narrow down to any one thing. I would contend that the majority of the issues stem from Govt intervention.
I recommend leaving your house more than once a month to run to Walmart.
I gave you a solid explanation of reality and this is your comeback? Nice.
