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A comment on The rise and fall of Cathie Wood, controversial Wall Street investor. Parent comment

Re:The rise and fall of Cathie Wood, controversial Wall Stre... by blitzar on Monday May 30, 2022 @06:40AM (#31557549)
> You can have 4 years of 20% returns and if the last year you're down 50%,

You can also have 4 years of 20% returns with 10bn of capital, and then 1 year of down 50% with 50bn and have actually lost $$$'s despite a nice looking % return.

It also happened to some household names that you would consider "legendry investors" who made massive returns in 08.

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Re:The rise and fall of Cathie Wood, controversial Wall Stre... by id on Monday May 30, 2022 @09:20AM (#31558669)
That's just called dishonesty. If a millionaire doubles $100 with an investment, I consider that a .01% return.
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