FYI: f you had the misfortune of buying an S&P 500 index fund the Friday before Lehman Brothers went bankrupt you would’ve lost 46% over the next 6 months or so.
On the other hand, if you bought that day but never sold you’re up around 185% in total.
Both of these stats are mind-boggling but still don’t tell the entire story.
I’m not usually one to pay attention to specific market anniversaries because there’s nothing special about round numbers. But the 10 year anniversary of the Lehman Brothers collapse has me reminiscing
Regards,
Ted
http://awealthofcommonsense.com/2018/09/revisiting-the-fall-of-2008/
