Portfolio Management and Risk Control - Not All Poisons Kill!
What Uncle8888 knew from his encounters with many other retail investors on their large losses and become extremely difficult to recover from such large losses is that they have been averaging down their losses till no return!
That is very bad portfolio management and risk control!
Uncle8888 as fisherman and no matter how careful he can be; but at some moment of complacency and carelessness he has been stung by sting-ray, catfish and scorpion fish. Luckily, he was not bitten by sea-snake; otherwise, he wouldn't be around to blog!
Not all poisons kill!
CW,
ReplyDeleteI didn't know fishing also dangerous!
That's it!
I'll stick with fishing using magnets and plastic fishes with metal mouths in a little pail.
Hey! I still remember my kindergarten games!
Stonefish are members of the family Scorpaenidae, or scorpion fish.
ReplyDelete