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Volatility - "I lost half my money" - Sharon Stone


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#1 Rogerdodger

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Posted 19 March 2023 - 04:49 PM

Says She 'Lost Half My Money to This Banking Thing'

"This is a hard time in the world," said Sharon Stone after she revealed she lost money following the recent bank failures that have led to the collapse of two financial institution

 

I feel my adrenaline and blood pressure rising just from reading this:
Wait 10 Seconds, Lose $1 Million in Markets Rocked by Volatility
https://finance.yaho...-181600631.html

All of which makes one thing crystal clear: In a market made more volatile by post-2008 regulations that curbed trading by Wall Street banks, the stakes are high every minute of every trading day at moments like this.

Portfolio manager at AlphaSimplex. “This short-bond trade has worked for 15 months. At some point, trends break, and this could be the point.”

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Edited by Rogerdodger, 19 March 2023 - 04:57 PM.


#2 fib_1618

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Posted 19 March 2023 - 11:49 PM

Says She 'Lost Half My Money to This Banking Thing'

"This is a hard time in the world," said Sharon Stone after she revealed she lost money following the recent bank failures that have led to the collapse of two financial institution


Besides the fact that her net worth is some 60 million dollars, the FDIC’s bridge bank plan will replenish any losses she might have.

 

Or at least that’s what we’ve been told.

 

Then again, we were also told that it wouldn’t be at tax payer expense either. 😆
 

Fib


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