APT Chart, page-761

Cause it will trigger a large CGT bill and reduce my capital.

I’ve been through the dot com bust & GFC. Things always bounce back. China has been able to reduce the number of new corona cases substantially by taking drastic actions. The rest of the world will too, just starting from a later date now cause of idiots like Trump & SlowMo.

My portfolio is about 40% cash anyway as I knew sometime this year things would correct - not this fast though or this indiscriminately. There’s a lot of great companies getting whacked eg CSL, TNE, DDR,