2 ms·
It is indeed the worst time horizon. However, when evaluating a course of action, I think looking at the upper and lower bounds of possible outcomes is a very
by rsync 12y ago
It is indeed the worst time horizon.
However, when evaluating a course of action, I think looking at the upper and lower bounds of possible outcomes is a very wise thing to do, so in that sense it's relevant...
- Retric 12y agoIt's not the worst time horizion as you can oviously do worse than break even ex: 1999:2002. There are many stratagies where you would have gotten significant returns over that time period. EX: If you held say 50% nasdaq and 50% cash and then rebalanced your portfolio you would have been well ahead of the curve.