
There was only one real story in the world news this week – coronavirus. I am not an expert of infectious diseases, but let me say up front that while I think the threat is real, I think the U.S. will avoid the worst of it. While the disease is less dangerous than previous strains like H1N1 or the Avian flu, the fact that it is not more lethal can make it more difficult to detect, and therefore more likely to spread. In response to the epidemic, the stock market has taken the worst beating since the great recession in 2008. This is more of a reaction to the number of companies that rely on foreign markets for labor and sales growth. My advice is to ignore the political rhetoric and take the precautions that are recommended by the CDC. We have encountered these threats before and we will get past this one as well. My son and I both have chronic sinus issues, and are susceptible to colds and sinus infections. I’m a big believer in steam and hot tea as deterrents to infection. Beyond that, I don’t plan to alter my plans a whole lot at this point. Stay healthy!
Over the last few weeks, I have had the opportunity to speak at the T3 Conference in Florida…I surprised the audience when I explained how the issue of diversity has been framed incorrectly, and has for the most part alienated the business community.
Elon Musk dropped by the Real Time with Bill Maher show recently for an interview with the host. Maher, who considers himself a liberal is an obvious fan of the CEO of Tesla and Space X. The centerpiece of their conversation was their discussion regarding what Musk called the “woke mind virus” or what I prefer to call “cancel culture”.
People sometimes get me wrong. They think that because I talk a lot about giving back and living modestly, I must not care about money. On the contrary, I care a lot about money because I understand how our system works.