> They still are. Hedge Funds lose money and/or go bust all the time. Firms go bust. The stock market has only just recovered levels last seen over a decade ago

> They still are. Hedge Funds lose money and/or go bust all the time. Firms go bust. The stock market has only just recovered levels last seen over a decade ago. I'm speaking about personal fortunes. Maybe I should have been more clear. > When has any investor ever said "I want to lose money" ? An investor losing money is different than an investor realizing that losing money is part of the game. I'm saying that high net-worth individuals won't even consider losing money as an option anymore.