Founder, Chairman & Co-Chief Investment Officer, OSAM LLC. Author, "What Works on Wall Street," Host "Infinite Loops" podcast 馃帣
https://t.co/eaFw2CPyOt
Jim OShaughnessy @JimOShaughnessy
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Jan 9, 2022
Another great piece from @10kdiver on the volatility tax. There's another "tax" he doesn't mention explicitly, which is the emotional reaction many investors have to volatility--which often leads to emotional selling when downside volatility is reaching its maximum.