Well the worst start in 52 years needs to be put against the...

Well the worst start in 52 years needs to be put against the context of some of the best gains we've seen in the market's history. Nobody thought markets would be where they are today - despite recent losses - given what we went through with COVID.

IMO some of the cream has come off the cake, but the cake is very much intact. Unless to your point it was built by ARK, however, funds like that are in their own league as they invest in high-growth no-profit stocks. You cannot use ARK's performance to paint a picture for the broader S&P 500 or ASX 200, where non-tech companies are still in great shape and overcapitalized from conserving capital during 2020 and 2021.

Yes I'm a strong supporter of Macquarie and it was one of my prized assets - but I sold it not because of anything to do with the company, rather I found the house of my dreams and MQG paid for my deposit. Those capital gains are no good if you don't use them for life's desires.

Please dispense with the shooting the foot stuff, it's boring.