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not only for GDP but also for stocks. People assume if they loose 10% they need a 10% gain but that is not true: https://static.seekingalpha.com/uploads/2018/11
by kenniskrag 6y ago
not only for GDP but also for stocks. People assume if they loose 10% they need a 10% gain but that is not true: https://static.seekingalpha.com/uploads/2018/11/8/saupload_iwae-2.jpg https://static.seekingalpha.com/uploads/2018/11/8/saupload_i...
- parenthesis 6y agoEasy way to convince people of this: after a 50% fall you need to double (up 100%) to get back to where you started.