Re Bill Gates24 Jul 2020 06:29
Watched his latest interview with CNN. Hes heavily into research on vaccines and very knowledgeable on the subject, as most will know, and he was saying that the first covid 19 vaccines around the beginning of 2021 will be weak (im presuming for safety reasons, as not tested on general population) and likely to be less effective.
Its the later vaccines, that will come about 4 or 5 months later that will be more effective and even then they might have to be given 2 to 3 times to the elderly to be fully effective.
Not everyone will be willing to have it or able to afford it and theres still no guarantee that any vaccine will protect for more than a few months.
He was saying it will probably be well into (possibly the end of) 2022 before majority are vaccinated and that testing will be the most important tool we have, as well as new vaccines and other treatments to reduce the mortality rate.
Its a sad fact that covid is not likely to be going away for years (if ever) and we might just have to live with it, like we do with flu, always needing new vaccines as it mutates, plus the fear of new pandemics destroying the world economies that will accelerate a growing multi billion dollar industry in new and innovative tests to identify new diseases quickly and efficiently.
This is why im happy to hold quite a large investment here.
Im confident in the abilities of our management and our r&d boffins to keep coming up with goods and give us an edge on the competition.
We already have an advantage on other smaller companies in the sector and dont need to dominate, just to have a small piece of a very large pie to keep growing.
Only traders need fret about what the sp does short term. Those of us with stronger nerves and a bit of foresight of were the company is heading, and willing to hold for the medium to long term, will be the biggest gainers in my opinion.
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