Tuesday, 15 September 2020

For Ray Dalio, a Year of Losses, Withdrawals and Uneasy Staff


So very bad, in fact, that the billionaire risks losing his coveted title as king of hedge funds.

Read? For Ray Dalio, a Year of Losses, Withdrawals and Uneasy Staff

CW8888: What is the moral story on long-term investing for most of us as retail investors?



4 comments:

  1. You win some, you lose some.

    Just make sure your loses don't knock you off the mountain. 😬

    ReplyDelete
  2. Even the best investors will have to go through a draw-down one day. Furthermore, Ray Dalio's fund is the largest fund in the world. Size kills performance.

    ReplyDelete
  3. CW,

    Moral of story?

    Ignore the noise, just put our heads into the sand.

    In the LONG RUNG, stocks always go up.

    Just buy-and-hold forever and ever.

    And remember to call ourselves LONG TERM "investors".

    Unrealised losses are not "real".

    Most of the stocks in the STI are blue chips. Look! Even big daddy owns them.

    If these companies go bankrupt, Singapore will go belly-up too...

    So no worries!

    We have good company!

    We are a school, a flock, and we are LEGION (yup, snake oils are not angels).

    /s


    In case people not familiar with reddit lingo, /s is code for sarcasm ;)

    ReplyDelete
  4. Uncle temperament

    History only got one Gungho Guan Yu. haha!

    ReplyDelete