14-08-2012, 09:52 AM
If we read their investors letters, we will understand what caused the debut downfall.
It wasn't their research or methodology that failed but simply an unfortunate case of "catching the falling knives" in 2008..
Does show the importance of averaging down as well.
It wasn't their research or methodology that failed but simply an unfortunate case of "catching the falling knives" in 2008..
Does show the importance of averaging down as well.