A portfolio that suffers large and
severe losses needs to generate
much higher returns to break even.
If investors are able to avoid
severe losses, they are more likely
to achieve greater long term wealth.
|
|
-10%
|
11%
|
-20%
|
25%
|
-30%
|
43%
|
-40%
|
67%
|
-50%
|
100%
|
-60%
|
150%
|
-70%
|
233%
|
-90%
|
900%
|
|