Was reading Burton Malkiel's "A Random Walk Down Wall Street" recently and came across the quote: "95% of significant market gains over a thirty-year period came on 90 of the roughly 7500 trading days."
I've seen this quote thrown around alot and it makes me wonder whether anybody has checked to see if a similar statistic holds true for significant market losses, such that 95% of losses are attributed to 90 days over a similar period.
Submitted October 03, 2017 at 09:27PM by undotre http://ift.tt/2xXt2sv
