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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.
by raydev 7y ago
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 7y agoThere 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 7y agoIf 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-you-miss-the-best-days-in-the-st.aspx https://www.fool.com/investing/2019/04/11/what-happens-when-...
- vecter 7y agoPeople do short or buy put options.