hey welcome back to tackle eater and
then today's special episode I thought I
would share how I am coping with this
current crisis this pandemic and it's
been tough if you've been following me
then you know that about week ago I was
still in Japan and then I returned home
here to California to self quarantine so
what was I doing in Japan well I was
visiting my family mostly spending time
with my kid who was still over there and
while I was there I tried to convince my
ex-wife who is managing my kid over
there to evacuate I wanted everyone to
just get out of Japan come over here to
California at least where there would be
less of an infection rate maybe this
house I'm in would be bigger and it
would be better for everyone's physical
safety not to mention Japan is still
dealing with all of the Fukushima
fallout like they're dumping on that
radioactive water into the ocean so I
tried to make my case for that but I
couldn't get her to budge and they're
just staying there so for myself I
decided I needed to evacuate and this
was a pretty difficult decision it was
deciding essentially between my own life
or spending more time with my son and
yeah I just can't put my own life at
risk at this point it is just ridiculous
and even when I was in Japan there was
this moment where I suddenly became sick
type of headache I have a slight runny
nose but mostly fat that is just going
around a little bit dazed I started
getting some cold like symptoms some
chose a head again I became seriously
concerned because until it happens to
you then it's almost kind of exciting
kind of interesting to think about the
science fiction world we are maybe going
into where it's you versus the zombies
but when you're the zombie when you're
already infected and it's just not that
fun anymore and I realized I couldn't
forgive myself if I became sick and I
knew I had to evacuate so that brought
me back home to California and I wore a
mask at the entire airplane ride and was
funny as I transferred through Vancouver
and from Japan over to Vancouver
everybody had masks on other flight
attendants the captain but then from
Vancouver into California nobody had
masks on the pilot would be greeting
everybody other airplane cabin
attendants would be talking to everybody
and that's when I realized that the
Western society maybe
screwed when compared to Asia the other
two tiers totally different it feels
ignorant or unprepared anyway I'm back
here with my parents place
I've self-quarantine to myself and I
don't interact with them I eat my dinner
separately we've walled off certain
sections of the house and mostly I don't
go out I don't interact with anybody so
life hasn't really changed all that much
for me now one thing I am doing is
preparing and stocking up on stuff you
can see over here
I've ordered 12 rolls of toilet paper so
these are the industrial larger quantity
toilet paper rolls so with these I know
I will never run out so I'm good quick
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below now what about the stock markets
well they've been tanking and perhaps
luckily fortunately for me I managed to
sell out of all of my positions pretty
much just before the stocks crashed and
the reason was at the time there's
already a lot of news about this
epidemic going around at least over in
Japan and Asia it was pretty big news
over there so it was bigger in my mind
and that just didn't sense that the risk
reward ratio would be quite worthwhile
like I could imagine that the stock
market could tank 20% by didn't imagine
it skyrocketing say another 20% it just
seemed like we were about to enter some
recession possibly so I just thought to
myself well let me just get out of all
of my positions and maybe I'll just be
safer that way and that turned out to be
a good car I can see here that the stock
markets dropped about 16% since then
primarily I moved my assets into cash
bonds and some goat now as for gold I'm
not entirely confident about it because
if you check data from prior crashes
gold tends to sometimes crash as well
when stock markets crashed investors
just pull all of their funds out of the
markets and everything just goes down
sometimes bonds if you check the
historical graphs they usually seem to
stay steady so they're decent hedge and
the assets like silver tend to go down
as well although in this current
downtrend it seems that gold has been a
pretty decent hedge if you take a look
at Bitcoin that's pretty interesting
because Bitcoin has happened to drop as
well with the stock markets and that's
kind of counterintuitive because you
would imagine that
well isn't Bitcoin a decent hedge in a
time like this but you know it could
just be that investors are trying to
de-risk and bitcoin may just be
considered another risky asset so what's
my next move well there's a saying never
catch a falling knife so when the stocks
are going down you don't necessarily
want to be there to catch it I'm gonna
give us some time away and what I'm
really waiting for is maybe say mass
panic you know there's a saying the
greatest shortcoming of the human race
is our inability to understand the
exponential function and I tend to agree
that perhaps most normal common people
the masses they only know linear
functions they don't understand that
exponential growth curve so I'm not
saying we're actually going to get to a
point of mass panic and many times the
government will intervene and start
pumping in tons of money into the stock
markets just a prop things up so that's
why many times I've shorted the market
and I've just lost tons of money like
these artificial interventions by the
plunge Protection Team they do actually
work and I don't like to bet against
them so these days I don't even try to
short the market even if I think it may
go down some more but overall with the
virus and its long-term effects unknown
we don't know how this whole thing will
play out
I'm just D risking myself and I tend to
not invest in things that I don't
understand if them stock markets do
happen to recover and I miss out on that
then so be it there's always a bull
market somewhere and I don't need to
catch every single opportunity
necessarily and as for the recovery well
one thing I've been monitoring is I've
put in another order for some more
wallets because the first batch
completely sold out thanks for the great
reviews over on the Amazon by the way
I'm gonna try and get a few more made
for you guys but the manufacturer told
me yeah they're gonna try and make some
more but they haven't actually sent
anything over and so I'm thinking maybe
they're just stalling and so I'm kind of
waiting to see when are they going to
get back on schedule and when they do
then I know that the supply chains are
back up and running and if you follow me
over on instagram at tech lead HD then
I'll be tweeting stories and I'll let
you also know when I think it would be a
good time to get back into the markets
if you just want some of my advice I'm
not gonna be held responsible for your
financial losses though and you know
it's kind of funny for me because now I
see that maybe me being fired from
Facebook last year maybe that was a
blessing in disguise because I don't
have to be there anymore
to go into the offices and risk my own
life just to collect that paycheck so
sometimes bad news can be good news but
I can tell you that ever up to me I
would not be going into work if you're
going into work I would just email my
manager and tell them I'm working from
home for the next two weeks and then
extend that as necessary employers have
a legal requirement to provide a safe
workplace and you know this could be a
long-term disease because there's
evidence that this virus can even go
into your stem cells and it can reoccur
time after time it goes into your spine
and who knows what the long-term effects
of this can be there could be long-term
lung damage you don't want to risk that
it's just not worth it it's not worth
their free food or free coffee that
they're serving you work from home and
if they threaten to fire you then you
can sue them and probably no company is
going to threaten to fire you over this
type of thing because they know it's
going to put them into a legal mess
that's just my personal recommendation
your life is just far more important
than fighting for what some company
mission that you don't even believe in I
mean the company would not hesitate to
cut you if you were not performing or if
they were running out of funds they may
cut you either way as they're downsizing
or if their business is suffering and I
don't know about you but this whole
experience has made me doubt the CDC my
own government because it seems that the
messaging from these organizations has
always been not to really help protect
the health of the people but to prop up
the economy to make sure that the
government's continued to stay running
maybe there are political reasons behind
this so just know that you gotta watch
out for yourself
you have to have your own back and as
for myself as a digital nomad while
traveling is pretty much off the table
at this point and even before all of
this happened as already has been to
visit some countries like Mexico Central
America the Caribbean because of Zika
virus I had been avoiding Africa due to
malaria and I just didn't personally
want to take that risk and now I pretty
much have to avoid the whole world so
this kind of ruins a lot of my plans at
least for now but at least I'll be able
to catch up on some video games and read
some books so they'll do for me but let
me know how you're preparing for this
pandemic if you liked the video give a
like and subscribe and I'll see you next
time thanks bye