Good morning, it’s Paul here, with Friday’s SCVR. I’ll start early, with some catch up sections from yesterday. Estimated timings today – the lockdown seems to have turned me nocturnal, so I did 4 hours writing overnight, and needed to sleep more recently. I’m writing more now (from 11:57) and am likely to keep going until about 3pm. Your Covid-19 comments – I read with considerable interest all the different views yesterday (and previously) about the virus, and how it might affect our investments. Can I just make one suggestion though? It seems that most people who are giving their views, and making predictions, phrase it as if their views are incontrovertible fact, and that anyone who disagrees is a fool! E.g. most comments seem to be phrased along the lines of “This or that will happen…”, when actually all the comment really is, is educated guesswork. Nobody has any idea how this will pan out. All we can actually say is, “My view is that this or that might, or could possibly happen”. Or, “I think the most likely outcome could be ….”, etc. This is a point made in a terrific book I’m reading at the moment, which…
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