GFC 2008/2009 - The Great Opportunity; but Uncle8888 has nothing to show in his portfolio that is dated at 2009.
Vietnamese edtech startup Prep closes Series A round led by Cercano,
Northstar
-
Prep, a Vietnam-based online learning platform specialising in standardised
language test preparation, has closed a new Series A round co-led by
Cercano Ma...
48 minutes ago
Ya lorr, sama sama .... no powder left to buy when blood in the streets during end-2008/2009. At that time just followed textbook asset allocation, but no tactical allocation & no trend following & no cut loss. End up with big drawdown of assets. But luckily stayed with conviction & remained invested (not much choice lah!) & collect dividends (reduced!).
ReplyDeleteThanks to Bernanke, Geithner, Obama, Paulson, and the folks at PBOC, BOE, BOJ who pumped trillions of dollars into the markets. Now my assets recovered to 150% of 2007 amount, but in real terms probably just 10%-15% increase.