2min chapter

The Compound and Friends cover image

Catch a Falling Knife

The Compound and Friends

CHAPTER

How Much Is XLF Down on the Day?

Carl Safina: If you just used the 50-day or 200-day moving average, she would have saved at least half of her losses. But then to Michael's point, though, what are you selling out of those stocks? Safina: She's a growth manager in high beta names, in high value exchange. Sometimes you just got to let a player play.

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