3 ms·
Yeah equivalent percentage losses cost more than gains. Starting from 100, if you swing 50% up 50% down you get: 150, 75, 112.5, 56.25, 84.375, 42.18, 63.28, 3
by graeme 6y ago
Yeah equivalent percentage losses cost more than gains.
Starting from 100, if you swing 50% up 50% down you get: 150, 75, 112.5, 56.25, 84.375, 42.18, 63.28, 31.64....
You need a 100% gain to make up for a 50% loss.