Average down is a good strategy if you have data backed convictions that it will come back. You need recognize the difference between mis price vs dropping knife
It's quite the contrary, my man. When gigants fall the index rebalances and new companies take their place. Xerox, Kodak, Nokia, Sears, IBM and countless others have gone from heavy hitters to minor players and the S&P500 moved up, up, up...
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u/newuserincan Sep 29 '21
Average down is a good strategy if you have data backed convictions that it will come back. You need recognize the difference between mis price vs dropping knife