when buy and hold goes terribly wrong

imagine being an old FUT holder.

At one point back in 2003, some $500,000 in FUT shares were traded at a value of $1.

there are now 26 BILLION FUT EQUIVALENT SHARES!

there has been about a 1200 fold dilution of shares in 10 years. so the half million dollars of fut shares are now worth about $500.

imagine having that on your CV.