This isn't strictly true for all, though. Imagine you knew, 100%, a 20% bounce coming. You may be able to scraggle together a few hundred thousand, maybe a mi

This isn't strictly true for all, though. Imagine you knew, 100%, a 20% bounce coming. You may be able to scraggle together a few hundred thousand, maybe a million, and do OK. Or you can find people with millions or billions in total assets, skim 5% or even 10% off the top, and make out like a bandit. All of that said, on aggregate, you're probably right.