You have to expect that roughly two thirds of the years af the market is going to go down ten % just in the course of the year. You can expect 20 % declines about a quarter of the years. And then you have ten % of the years you can expect to a draw downs of 30, forty% or more. We've seen this before with net flicks and an amazon. Like intuitive surgical magod b, drawn down over 30 % several times on the way to a multi bagger retur ans back in two thousand six david wrote a piece for fool do common,. The headline was, meet the world's worst investor.

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