A disastrous turn of events, but a result many foresaw.There...

A disastrous turn of events, but a result many foresaw.

There were many warnings, most of which were specific to zip and not just industry or market wide concerns.

I do feel for those who felt that holding strong, was the infallible strategy.

warren buffet proved buy and hold works, but even he doesn’t hold when the risk or underlying asset changes, including the market in which said risk or asset operates.

capital preservation is key and the timing of exiting positions which stagnate is vital to building wealth, rather than allowing your capital to diminish or “languish” in hope that time cures all.

Let us hope for holders (many of who chose loyalty and bias over analysis and correct execution), that zip can weather the storm and sail onto something much more respectable than current valuations, in time

all in my opinion, do your own research