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raydev
on March 9, 2020
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Trading halted as U.S. stocks plummet
Maybe I'm misunderstanding, but there's no blood from the pessimists since they don't really lose what they have. They just miss out.
mcguire
on March 9, 2020
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There used to be a saying, something like if you missed the best 20 days of the market in the last century, you would just about break even.
Missing out is very, very expensive.
huy-nguyen
on March 9, 2020
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If you miss the best 10 days in the last 20 years of the US market, you lose 2/3 of the gains. If you miss the best 20 days, you are slightly underwater.
https://www.fool.com/investing/2019/04/11/what-happens-when-...
vecter
on March 9, 2020
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People do short or buy put options.
Consider applying for YC's Spring batch! Applications are open till Feb 11.
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