11-04-2021, 10:01 PM
That sounds good but nobody here believes you could endure a 90% drawdown that lasts a long time. We have that opinion because you constantly stress about stocks that dip 10% in the short term, and many times think of reason to dump them.
Do you know how many funds have been liquidated during bear markets? I don't know either but it's a substantial number. Leveraged funds can and do just go away. Sometime when I am bored I'll find some examples.
Do you know how many funds have been liquidated during bear markets? I don't know either but it's a substantial number. Leveraged funds can and do just go away. Sometime when I am bored I'll find some examples.