Every investor should read this.
PIXEL
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TRUMP
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PHA
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A 10% loss requires a 11% gain to get back to even.
A 20% loss requires a 25% gain to get back to even.
A 50% loss requires a 100% gain to get back to even.
A 90% loss requires a 900% gain to get back to even.
This is why protecting capital is even more important than making money.