Ophir Asset Management, Sydney, NSW Videos
Videos by Ophir Asset Management in Sydney. Ophir is a small and mid cap funds management specialist.
The last time I saw a time lapse chart of a map of the U.S. that was this insightful was at the 9/11 Memorial Museum in NYC.
It showed the rapid grounding of over 3,000 flights in the space of an hour after the attacks.
Below is the spread of the pandemic throughout the U.S. since it began.
Will Omicron show a rapid increase in case numbers like we haven’t seen before?
But much more importantly, will it be a blessing or a curse?
Time will tell but if it’s indeed more transmissible but less dangerous (studies suggest this is what happened to mutations of the Spanish flu) then ‘living with the virus’ may be easier.
One thing is for sure though – markets hate uncertainty. But in this case, it shouldn’t take too long to resolve.
Source: r/Data is Beautiful
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The last time I saw a time lapse chart of a map of the U.S. that was this insightful was at the 9/11 Memorial Museum in NYC. It showed the rapid grounding of over 3,000 flights in the space of an hour after the attacks. Below is the spread of the pandemic throughout the U.S. since it began. Will Omicron show a rapid increase in case numbers like we haven’t seen before? But much more importantly, will it be a blessing or a curse? Time will tell but if it’s indeed more transmissible but less dangerous (studies suggest this is what happened to mutations of the Spanish flu) then ‘living with the virus’ may be easier. One thing is for sure though – markets hate uncertainty. But in this case, it shouldn’t take too long to resolve. Source: r/Data is Beautiful
Wait for the end – it’s the best bit. The below chart tracks the wealth of the 10 wealthiest people on the planet over 2020 and 2021. It provides some great insights into the state of capitalism since the pandemic began. What are our takeaways? 1. The dominance of US and in particular Tech business founders. 2. Just how quickly Elon Musk’s wealth has risen – that’s what happens when your car company’s valuation rises over USD$1tril in 18 months! 3. The lead Musk has put on the pack in just the last two months as investors have been willing to shoot Tesla stock to the moon. 4. How much the rich have gotten richer since the pandemic began – the 10th wealthiest person today (Warren Buffett) is wealthier than almost all the top 10 pre-pandemic. 5. The ultra rich have remained relatively stable with 7 of the top 10 pre-pandemic still in the top 10 today. In the last week Mr Musk got into a Twitter spat with Bernie Sanders after he suggested the extremely wealthy need to pay their fair share in tax. This comes as so far President Biden’s Build Back Better plan has been fairly light handed on the ultra-wealthy compared to some previously proposed “billionaire tax” plans. With the rise in inequality, one thing is for sure – this issue is not going away anytime soon! What’s your most interesting takeaway from the chart?