Online Class Notes (Tibo)
Today we focused on:
https://edition.cnn.com/2022/04/21/investing/bill-ackman-sells-netflix-stock/index.html
Speaking exercise
The condensed of the population is low -> the population density is low so they may open.
Today I volunteered to buy medicine for the elderly so I was allowed to go out for 1h.
Then I rode a bicycle and you see nobody on the street.
It is very unbalanced in terms of food delivery.
Now we have too many food -> too much food
We are preparing for some small gifts for VIP clients -> we are preparing some small gifts for our VIP clients.
this is a small minority of people
they think Puxi relatively has more resources
They are more well organized -> better organized
SH’s current situation is the result about 2 different forces -> is the result of 2 different forces
They are trying to apply for the dynamic 0 covid policy -> they apply the dynamic 0 covid policy
We are going to internally circulation instead of open up. -> we are just going to circulate internally / travel domestically
If you need to quarantine 21 days every time it will become more and more closed. -> become more and more isolated.
The possibility of getting the covid and die is low -> getting the covid and dying.
They think they can hit the target
When they finally arrived at the hospital they were not allowed to see the doctor
DHL doesn’t accept individual requests
Vocabulary
To tumble (v) to fall / lose balance
He tumbled but managed to get back up quickly
To liquidate (v) to exit a position entirely / to sell 100%
I decided to liquidate my position on Netflix
Position (n) any bet in a market (long/short)
I opened a long position on Netflix
Realized Profit / loss : profit or loss after exiting a position
He bought Netflix for 200 and sold for 300. He realized a profit of 50%
Unrealized profit / loss : profit or loss while still in a position
He had an unrealized profit of 100m but his position was too big and the market not liquid enough so he couldn’t realize the whole profit
Subscription (n) a monthly fee which allows you access to a service
I pay a iqiyi subscription to access videos without ads
Asymptomatic (adj) positive but without syndromes
There are 10 new asymptomatic cases
Minority (n) not the majority / a small amount
A minority of people will leave SH
Barricade (n) an improvised barrier
They set up a barricade at each entry during the lockdown.
In light of (recent events) : after seeing what happened recently / following what happened
In light of the terrible lockdown experience I decided to leave Sh
Prospect (n) potential / chances
She went to university to get an MBA to improve her job prospects
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