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Callum Thomas's avatar

Which one is your favorite?

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Blake's avatar

Chart 9 is very interesting! If I recall correctly, the majority of stocks that experience a 70% drawdown never recover. However, the median drawdown for the list was 72%!

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Callum Thomas's avatar

yes, well there is a fair amount of survivorship bias in that table (being the best performing stocks which suffered a major drawdown), basically it's the ones who got nailed and lived to tell the tale...

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Blake's avatar

Yeah, absolutely. I also found myself curious when the drawdown occurred and how much of it was stock specific. I'd bet a lot of the drawdowns were either 2000 or 2008 which said less about the companies themselves than a single-name collapse in a stable market would.

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ronmt's avatar

CAPEX ... the LARGE divergence is driving us to value ... metals ...

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Callum Thomas's avatar

Yes sir, and by popular request I'm going to do an "off-topic chartstorm" on commodities soon (I think one of the biggest themes for 2026)

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Al Christie's avatar

Great collection of information.

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Callum Thomas's avatar

Thanks!

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