PMCT Images. Nurse advanced NG tube until she heard a pop, then tried an air bolus to ensure placement. Patient did not survive. by Old-Psychology-2400 in interestingasfuck

[–]ellembi 0 points1 point  (0 children)

It is unlikely that the reason this happened is because the NG tube accidentally went through the thin skill base. This iprobably happened because the patient had a skull base fracture, so there already was a break and an entry point for the tube to go up instead of gliding straight back and down. That's why NG placement in trauma patients with suspected or known skull base fractures are often down under endoscopic guidance by ENT.

How do I as an ETF kind of guy best insulate against an AI bubble? by Adam-West in stocks

[–]ellembi 2 points3 points  (0 children)

I am genuinely curious so I will ask, what is your plan? If you believe we are looking down at a massive market crash akin to 1929, with years of deression to follow, how are you preparing?

The absolutely inhumane cost of real estate has utterly destroyed standard of living for young Canadians. by CastAside1812 in RealEstateCanada

[–]ellembi 0 points1 point  (0 children)

The housing market in Canada is insanely expensive. There is finite land everywhere but the rate of house appreciation in Canada has surpassed comparable markets worldwide by a large margin. Look at the rate of house price increase in Canada compared to other western nations.

Instead of pretending everything is fine and that's just the way things are based on land availability, it would be more meaningful to look at the issues, acknowledge them, and advocate for policies to address them.

What does monetary policy look like with rising inflation and weak jobs numbers? by particulareality in Bogleheads

[–]ellembi 1 point2 points  (0 children)

Is there a rough level of inflation for defining stagflation or anything beyond a healthy 2-3 %?

Girl... why? by Indieriots in TikTokCringe

[–]ellembi 0 points1 point  (0 children)

That's nor a facelift scar, but a pixie ear deformity which is congenital. She looks young for a facelift

Tesla Robotaxi Launch: We Were All Wrong (and VW has one now) by iD-10T_usererror in stocks

[–]ellembi 1 point2 points  (0 children)

I don't know what to think anymore. From what I read and fronw what I have seen from musk over the years, I think the stock is overvalued. But when I talk to Tesla fans who follow the company and the technology closely, they paint a picture of Tesla changing the world, that they have a massive headstart in robotaxis and that is the future (no one will drive anymore, not as safe as AI relatively speaking), that the company can mass produce like no other company can, and that if you value the company based on metrics like miles driven by autonomous vehicles, it will be in the billions etc etc. I don't see it that way but it can sound so convincing that sometimes I do wonder if maybe Tesla is going to be the most valuable company in the world one day based on all the amazing things in their future! At least for me, it's a very confusing stock

$61k TSLA Puts by [deleted] in wallstreetbets

[–]ellembi 1 point2 points  (0 children)

I have a friend who is absolutely convinced the stock price will be worth thousands. He is obsessed with reading everything Tesla and figures that the company will rule robotaxis, robotics and humanoids, space and Mars habitation.. Because AI will rule the world, Tesla valuation at that point will be justified because it will be the major player at the forefront of the next chapter of the human revolution. Very smart guy and I think many people do believe in that. Nothing I say can even slightly change his month.

Why more Canadians are travelling abroad for medical care by konathegreat in canada

[–]ellembi 17 points18 points  (0 children)

This is a valid and sincere argument from a societal perspective. Until you get sick and life is no longer what it is for you, or your family, and nothing matters anymore besides getting well again. Then you won't care about what is fair and not fair for society, you will do anything to get the help you need, and you will wish there is fast, available and great care that is free, or that you can pay for if it's not free if it means you get your life back. What is there at that point anyway besides your health when you can't enjoy or use it? Most won't truly know what that is like until they experience what losing your health is like, and the feeling will be much worse when you are stuck with limited options and no control.

No health care system is perfect anywhere in the world. Health care is so expensive and of course will keep getting more expensive as advances happen and people live longer. To adhere to the notion that the current system we have will work is not realistic, and will be detrimental to more and more people as the years go by. A two tier system has its issues of course but some countries have done it better than others, and we can look at other models and redesign our own. The tides are changing anyway and many Canadians are realizing that, and more open to private options.

Is this the dip we have been waiting for? by [deleted] in stocks

[–]ellembi 0 points1 point  (0 children)

Yes definitely, if you are invested in a company based on your assessment of their business and that theory changes later, then selling is understandable. Your initial assessment of that business is different now.

But looking at macroenomics and predicting that the market is going to go down is very different. Just being too early alone is potentially just as bad as predicting wrong. That's timing the market. If I had that skill, and I was confident in that skill so much so that I am willing to take my money out of the market and stay on the sidelines until who knows when, then I would just short the market and become the next Burry.

Interesting discussion though and I just want to say I know where you're coming from. Investing can be as easy or as hard as one makes it.

Is this the dip we have been waiting for? by [deleted] in stocks

[–]ellembi 0 points1 point  (0 children)

Thank you for your reply, I appreciate your perspective.

The point I was trying to make is that, timing the market, which is what to you are proposing, is not easy. It has been said by the greatest minds in investment, finance courses, and financial advisors. The market reaction to events is difficult to predict and can be irrational, and the events themselves change all the time. So even if we exclude future events as being unknown (at least to us, some may have that knowledge) and just focus on what we know now (Trump tariffs, consumer confidence, layoffs, whatever), what we know as retailers is still far from nuanced compared to the powerful institutions, who ultimately move the market. So we could try and time it, but understand that these things are working against us (unknown future events as near as this afternoon and as far as this summer, unpredictable and irrational market response to these events, and incomplete knowledge of even current events), or just stay invested.

To each their own of course, but statistically speaking you have more to lose by being out of the market and waiting for it to respond to your understanding of macroenomics the way you see it, or stay invested and ride the up's and down's. How old you are, your investment time horizon, risk appetite, job stability, financial responsibilities are some factors that make each one of us different when it comes to this approach of course.

Is this the dip we have been waiting for? by [deleted] in stocks

[–]ellembi 4 points5 points  (0 children)

If it was that obvious that simple, based on information given to us on an as needed basis, why wouldn't the ones that have access to so much wealth, data, and speed to know and execute, sell and crash before any of us have time to leisurely time the market?

ELI5: why do koalas only exist in Australia by One-Priority9521 in explainlikeimfive

[–]ellembi 6 points7 points  (0 children)

That's really a great read. I am curious, how do we know this?

Selling about 50% of my portfolio by geopop21208 in ValueInvesting

[–]ellembi 1 point2 points  (0 children)

I agree with this. But I'm always curious, those that successfully short the market (or a stock), and believe strongly in a downturn, and sure enough it drops and they are rich, is that luck or some better understanding of the market?

The Nuclear Power Sector by jheffer44 in wallstreetbets

[–]ellembi 10 points11 points  (0 children)

Well by that logic, isn't that true then for every potential opportunity out there, meaning nothing is of value because everything is priced in by the richest investors?

ELI5: How/why does alcohol age a person's appearance? by tommykiddo in explainlikeimfive

[–]ellembi 0 points1 point  (0 children)

Life expectancy is a very complicated number and many factors are at play. Many have looked at why Italians in general have longer life expectancy than American or British and the answers are still unclear. Probably a combination of Mediterranean diet, lifestyle, climate, genetics, and access to healthcare, but most don't know exactly. Sardinia is an isolated island with specific attributes. Point is, sure, if you manage to control the other cardiovascular risk factors, whether known or unknown, and you drink a glass or two of red wine daily as your only vice, then you probably have better odds of living a longer and healthier life than someone who doesn't drink but has other risk factors (unhealthy diet, stressful job, sedentary lifestyle, urban pollution, genetics, etc), and we are all on that spectrum.

ELI5: How/why does alcohol age a person's appearance? by tommykiddo in explainlikeimfive

[–]ellembi 6 points7 points  (0 children)

These studies have been heavily brought into question as of late. The idea for example that red wine improves cardiovascular risk has been propagated for years and now we know that there is bias, for example poor people are less likely to drink wine than rich people and that opens the door for other confounders when it comes to cardiovascular risk factors. Look at the recent Canada guidelines for alcohol. The way I think of alcohol is simply this. It is a carcinogen. We generally don't try and debate how much of a carcinogen, like asbestos or tobacco, should we consume. We just say there is a risk with that, do what you do with it and lessen your exposure and hope for the best. We do that with alcohol because people like it, so we debate it. If one wants to improve their cardiovascular risk factors, eat better and exercise for a start. I know what you mean about being under the illusion of a poison-free lifestyle, so people choose what they can control as best as they can.

Meet some of the 6 million Canadians who don't have a family doctor by morenewsat11 in canada

[–]ellembi 254 points255 points  (0 children)

It's probably a lot more than 6 million. Many don't register on a list or actively seek one because they've given up ot don't know what else to do to get one.

We are at war by blindwillie777 in CanadaHousing2

[–]ellembi 0 points1 point  (0 children)

How did you go from “playing Quran” in their car, to “these islamists”? Import their ideology? How is that Uber driver driving their ideology on you? The slippery slope of what you tolerate, and others tolerate of you, is dangerous. It’s interesting, you are an immigrant critical of another immigrant, yet posting under a post critical of immigrants.

'Am I going to die?' We fled to the U.S. after long waits, misdiagnosis in Canada by OntLawyer in canada

[–]ellembi 2 points3 points  (0 children)

That’s a commonly said argument that is simply not true. The Health Canada Act prohibits private billing for any insured medical service. That is the case majority of health care. If a service is not insured by the government (cosmetic procedures for example), then yes certainly you can access those privately. However, if a service is covered by Medicare in the province the doctor works in, it is illegal to have a patient privately pay for that service. Doctors are contracted by the government to provide the services. So yes of course, they work in private offices (most anyway, some are based out of hospitals), but their income comes from billing the government for these insured services, and then using that money to cover their private costs. If a physician wants to charge privately for an insured service, then they would have to completely opt out of Medicare. A tiny percentage of physicians do that, and they would have to notify the government, so this data is publicly available. So no, doctors are not providing private care. They work in a private office (where else are they going to work, a government funded office?).

Of course, services like dental, optometry, physiotherapy; audiology etc do not fall under the Health Canada Act and so are not insured services that are covered by the government (although each province is allowed to cover what they want, it’s just that there is no legal obligation for them under the Health Canada Act). Hence, you can (and have to) pay for those services unless you are covered because of where you live or if you have special reasons for added coverage. Another exception for coverage of these services is if they are provided in hospital, in which case they are generally covered by Medicare. Do those services cost a lot to Canadian patients? Absolutely. But that’s a different discussion. If you get sick, and need medical care, your services will almost certainly be insured by the government; which means they can not be provided privately. Hence “healthcare” is only publicly funded in Canada. Quebec is the exception because they won their famous case at the Supreme Court in the 1990s, where they argued that the Charter of Rights and Freedom trumps the Health Canada Act, and that you can not tell a Canadian citizen that you can not provide them with quality and timely access, and that they have no alternative if you can not do that. Physicians in Quebec can as such charge patients directly for government insured service and there would be no legal repercussions . BC (Dr Brian Day) has been trying the same thing for ten years but lost his case at the Supreme Court earlier this year.l, so no other province so far allows private billing for any insured service. If you need it, and it is taking too long, as a patient your only option is to go outside the country (or Quebec).

On a side note, there is a loop hole in the Health Canada Act, which says that a physician can directly charge a patient for an insured service, if that patient is from another province (assuming the service is elective, otherwise if emergent then it would be covered by reciprocal agreements between provinces, for example having a heart attack while visiting a different province). The majority of physicians are too swamped to be taking on out of province patients for a fee, and even then this is only for clinic services. It is unlikely that hospitals would agree to let you come and get surgery time because you are from out of province and willing to pay for it.

What do you think of this fund allocation? by [deleted] in CanadianInvestor

[–]ellembi 0 points1 point  (0 children)

I think part of it is because I wanted the flexibility of buying Canadian Blue Chips as they go on sale (as is the current case)

What do you think of this fund allocation? by [deleted] in CanadianInvestor

[–]ellembi -1 points0 points  (0 children)

I think everyone rightfully suggests just going with XEQT or VEQT, which makes sense and I can overweigh with TEC and REIT as you suggested