My company is just finishing building millions of square feet of additional office space on our campus. I wonder if someone up high is starting to regret that decision.
Of course, one is free to regret.
Now, it would seem that the best we can do is make the most of the information available to us in the present moment.
Absolutely. Previous WHO classification has a "Phase 4: Sustained community-level outbreaks -> Medium to high probability of pandemic" designation, which has a roughly once-a-decade frequency historically. Compared to multi-quarter, multi-year scale of real estate planning, 10 years is not infinite long term. Of course it is so in comparison to quarterly earnings, share prices, average tenure of a fund manager, a CEO and so forth, so it doesn't get priced in or gets bundled with other catastrophes.