I belong to the generation that went through a Greek bankruptcy. Thank goodness I had a stop loss and got out of it with minus 3 thousand. Buy at 98% automatic sell at 90%. After a few days the prices had plummeted to 30%. Then I became even more cautious. Your experiences are worth their weight in gold if you allocate them correctly. Otherwise you will realize that gambling is addictive. Then you might as well go to the arcade every day and put coins in, at least you'll have some exercise until you reach the slot machine :).
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Thank you for your assessment. The loss here was less than 1% of the portfolio value. Since I also suffered with MPT, I am currently choosing a slightly smaller position size.
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