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China’s Global Times says Wuhan coronavirus infections could be much higher

A bleak piece from China’s Global Times

  • inflection point of the outbreak has not emerged yet
  • the number of new infection cases nationwide has been dropping for the third consecutive day on Sunday
  • However, the accumulated number of cases in Hubei and Wuhan has continued climbing since the city lockdown
  • The capital city of the province reported 14,982 cases as of Sunday, with the death rate hitting 4.06 percent. 
  • There are in total 23,638 suspected cases within which 12,918 in collective quarantine.
  • Some 123,827 people who had close contact with infected patients are under close watch in Hubei. However, the number of suspected cases and close contacts under observation in Wuhan are still unknown.
Jiang Chaoliang, secretary of the Hubei Provincial Committee of the CPC, urged on Saturday to implement “wartime shift measures” of 24 hours a day to coordinate epidemic control work to deal with issues such as medical treatment, transport, and security and material supplies.
A bleak piece from China's Global Times 

On Being the Right Size

I found this 1926 paper “On Being the Right Size” by J. B. S. Haldane quite fascinating.

To the mouse and any smaller animal it presents practically no dangers. You can drop a mouse down a thousand-yard mine shaft; and, on arriving at the bottom it gets a slight shock and walks away, provided that the ground is fairly soft. A rat is killed, a man is broken, a horse splashes.

That reminds me of Billy Eckhardt’s comments on bet size…

If you plot system performance against bet size, you obtain a curve in the shape of a rightward-facing cartoon whale, going up in a straight line before dropping dramatically.

He said: “Trading size is one aspect you don’t want to optimize: the optimum comes just before the precipice. You want to be at the left of the optimal point, in the high zone of the straight curve.” (more…)

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