True, but he is still, even after this, up 80% YTD, so not a total implosion.
No doubt he has learnt a valuable lesson.
Many famous investors, such as George Soros, have had huge losses at some point in their career, but have taken in in their stride and still done well. If you are taking big swings then sometimes you will have big misses.
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True, but he is still, even after this, up 80% YTD, so not a total implosion.
No doubt he has learnt a valuable lesson.
Many famous investors, such as George Soros, have had huge losses at some point in their career, but have taken in in their stride and still done well. If you are taking big swings then sometimes you will have big misses.