Very clear explanation from Yang Ming Boss and I agree with his views. Supply will sort itself out over time, and much more predictable than demand. Demand is too dynamic, complex and fast-changing. The trick is not to predict with great accuracy the demand but to manage supply and be prepared for different scenarios. This strategy can be used as well for stock picking/investment. I personally use this strategy. Yang Ming is a multi bagger and a clear beneficiary of the pandemic.