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Schwab has a podcast, which is usually 1. profoundly boring and 2. not particularly useful. But there is typically a tidbit in each one that I pick up so I listen if I'm not tired.
The tidbit I got from the last one (and I had to rewind it and make sure I caught it).
The maximum YTD drawdown for the NASDAQ was 7%
The Average Drawdown from a NASDAQ member was 40%
Woah. WOAH.
Reminder # 3 trilliion or so that diversification is important.
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