COVID

“In 2003, when the SARS outbreak broke, took us seven months to read the genome of the SARS. And you have to read the genome to create an effective vaccine. When COVID broke, it took us two days. That information was digitally sent to Moderna, and it took th…”

“We hadn't had the perfect storm of, we averaged that 55, 45, and it ranges from eighty-twenty, the best years, and forty-sixty, the worst years, and then in COVID, we were probably about 37.”

“Decarbonization by 20 60. That will be the biggest story after COVID. I think the market is commentators will look back on 2020 and we'll miss this, but we'll say many years later that was a big announcement.”

“I always remember like in big drawdowns, like in March after the COVID was starting to happen, the March drawdown, you want to make sure your manager is sitting back up on their chair and looking at their screen rather than under their desk, and so I'm always …”

“We're now at four billion, and most of that growth actually happened during COVID, which has a lot to do, I think, with building the analytics out for the marketing side, but also, I think we spoke about this the last time, we were already using technology to …”

“COVID actually had a major impact on how the FDA functions. They moved heaven and earth to get those vaccines and the first handful of drugs approved. It burned a lot of people out. And so you had tremendous turnover at FDA and there's a whole training process…”

“And now one of the things we look at a lot is, so how did something do during COVID? And before COVID, it was how did things do during the GFC? And we still have access to that data typically. So we've stress tested this industry incredibly significantly in th…”

“The only thing that's restrictive is getting out. So you can only get out once a quarter, generally a fund level gate of five percent. But for us, except for one quarter during COVID, anybody who wanted to get out on any quarter could get out.”

“COVID, I believe, propelled us into this new regime. And whether most big investors believe that that's true or not, they have to at least acknowledge that it might be true, that nothing's permanent, but we might be in for a 10 or 15 year period where the reli…”

“We saw this kind of discrepancy during COVID, and it took the economies a year to get back on their footing. This time, it's going to be just as bad. I don't see how the economy doesn't grind to a standstill. These strict discrepancies are going to be very uni…”

“During COVID, syndicated loans traded below 80 cents for eight days. During the GFC, 294.”

“When COVID hit, I just sold the company a few months earlier, and I was one week away from signing Three restaurant leases in New York City.”