To counter the share market volatility you have to have some short hedges in place on undoubtedly poorly performing companies. Because when markets are down, the poorest performing companies always drop in value far beyond the general market and rarely recover with the same vigor as the rest of the market.
Having said that don't make one of those short hedges on a yuppy liberal obsessed darling like Tesla that trades on pure euphoria and is not rooted to any logic or math. I learned the hard way that cultism can win over reason for much longer than you think. You have to be willing to out last the lunatics which is tiresome.
Having said that don't make one of those short hedges on a yuppy liberal obsessed darling like Tesla that trades on pure euphoria and is not rooted to any logic or math. I learned the hard way that cultism can win over reason for much longer than you think. You have to be willing to out last the lunatics which is tiresome.
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