On average, the Alcohol issue was an over 50% likelihood for nearly the entire length of the contract, but briefly dropped towards 20% for a few weeks last month.
The Lewd issue started out at 40%, spend almost a year near 60%, bottomed at 35% before climbing back towards 60%.
Okay, Chris — before I say anything else, I will wait for your deconstruction of this — where and how did it go wrong, and why?
Nice piece by BMO Nesbitt on why investors fail: “Individuals have historically underperformed the markets, earning just 2.6% vs. the S&P 500 gain of 12.2% between 1984 and the end of 2002*. Research in the U.S. has shown that this dramatic underperformance comes as a direct result of client behaviour, or more specifically, the attempt…Read More