Why we believe that you need to be a medium-term market timer, to do well in all markets. A lesson from history http://puzzlefinancialadvice.com.au/2021/Core/Static_Asset_Allocation_long_term_buy_and_hold_strategies_often_fail_Why_is_that_210202.pdf
Puzzle Financial Advice
Jeremy Grantham 27/2/2012 "Believe in history. History repeats. All bubbles break. Be patient and focus on the long-term. Wait for the good cards."
Puzzle Financial Advice is NO LONGER providing personal financial advice
Why get COVID vaccinated?
-
Vaccines very substantially reduce the chance of catching delta COVID eg
-
https://twitter.com/EricTopol/status/1425089101926080514 This link provides a great chart showing how even 6 months after being Pfizer vaccinated, infections were dramatically reduced by being vaccinated – and having the 3rd dose (the Pfizer booster), dramatically further reduced the chances of becoming infected by delta.
-
-
Vaccines dramatically reduce the chance of death from COVID eg
-
https://nymag.com/intelligencer/2021/08/too-many-people-are-dying-of-covid-19-right-now.html “A few weeks ago, in a back-of-the-envelope calculation during an interview with Eric Topol of Scripps, I suggested that because of widespread vaccination of the most vulnerable elderly, we may have reduced overall mortality risk in the country by 90 percent. Topol thought that was a little high, but agreed that vaccines were delivering great protection against death and hospitalization, and while we would likely see some of each during the Delta wave, “it won’t be like the monster third wave.”
-
-
As an mRNA vaccinated person, if you catch delta COVID, the chance of you transmitting delta to another person is much reduced compared with a delta infected non-vaccinated person eg
-
-
“The vaccines not only prevent people from getting sick; they also cut down on transmission by those who get infected after immunization”
-
“Because many health care workers are now routinely tested for COVID, regardless of whether they have symptoms, much of the early real-world data on vaccine effectiveness in blocking infection has come from this population. In several studies of fully vaccinated health care workers—those more than two weeks past their second dose of either mRNA-based vaccine—the likelihood of having a symptomatic or asymptomatic infection was reduced by 80 to 90 percent, compared with those who were unvaccinated.” (BB: That was pre-Delta)
-
“There has been good news, too, on the subject of viral load in breakthrough cases. Researchers in Israel studied vaccinated people who became infected. The viral load in these breakthrough cases was about three to four times lower than the viral load among infected people who were unvaccinated. Researchers in the U.K. reported a similar result. They also found that vaccinated people who became infected tested positive for about one week less than unvaccinated people. We also now have evidence that infected people with lower viral load spread the virus to fewer people, based on contact-tracing studies in the U.S., India and Spain. This is supported by laboratory research demonstrating that nasal samples from infected people with lower viral load are less likely to contain infectious virus.”
-
-
https://twitter.com/EricTopol/status/1433474136332931077 3/9/21
-
“A unique, high resolution study of 23 breakthrough infections (pre-Delta) shows how vaccination reduces transmission, leads to less virus culture positivity, for less days, less shedding, and may be tissue restricted (only found in saliva)”
-
-
-
mRNA vaccination dramatically reduces the risk of Long-COVID https://www.puzzlefinancialadvice.com/long-covid
