Alpha Model (22nd Mar’20)
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Personal experience from 2008-09 meltdown and the concept of frame of reference
Dear Sir, It was another hell of a week and we hope you are doing well. I am writing this to share with you a personal experience from 2008-09 meltdown and the intent of the same is to help assess the same situation from different perspectives. As you might be aware, frame of reference is an important concept in Physics and we believe it has its own significance in the world of investing. To illustrate with an example: Assume a…