%% Thanks for posting that; but he seems to miss the bigger point; no national policy because one size does not fit all. Many, many counties had zero cases. As the virus increasing with some doing nothing about riots/looters,no big shock there. Like one doctor said with a rebuke; in a pandemic, you isolate the sick not the nation. As far as his'' high PE ratio''; no problem I sold/exit on tech etfs today...………………………………………………………………..[Edit; central banking can work well; central planning is terrible/ ask cuba/commies]
His book The Most Important Thing is one of the few books on my desk, not on my bookshelf collecting dust. I am somewhat disappointed after reading this letter. I kept looking for his second level thinking. It's not there.