Yes that is precisely what I'm suggesting based on the empirical evidence provided by others over multiple of decades of data and across sectors.
Nearly all of these 100 baggers suffered big drawdowns – as in more than 50%.
Few investors can withstand 65% stock price falls, and that may be the biggest lesson of all. As the late, great Charlie Munger once said: “if you can’t stomach 50% declines in your investment you will get the mediocre returns you deserve”.
Yes that is precisely what I'm suggesting based on the empirical...
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Last
22.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $76.95M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 23.5¢ | 22.0¢ | $65.40K | 290.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 96390 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 138166 | 5 |
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| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| PAR (ASX) Chart |