I’m at at a Chinese New Year gathering now and the atmosphere here is still as lively as compared to last year. No one is talking about the Wuhan flu and I suppose it is not auspcious to mention this.

Once news broke last week that human to human transmission is possible, I ordered N95 masks immediately for the adults and for my kid as well and luckily it arrived the next day and as you may know, N95 masks are in short supply now although government has reassured that there is sufficient stock. The online shop that I bought from no longer has stock for masks.

Investment wise aside, I was surprised that my double bagger Riverstone opened with a price increase of 7%+ due to the perceived increased demand of gloves during a flu epidemic. Defensive stocks certainly perform well last week.

My view on this is that I believe that...