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Because the volatility was so low, a lot of people leveraged up to improve returns. That explains some of the huge drawdowns.

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Reuters 9 years ago
Christian Gerlach

Christian Gerlach

Hans Christian Gerlach is professor of Modern History at the University of Bern. Gerlach is also Associate Editor of the Journal of Genocide Research and author of multiple books dealing with the Hunger Plan, Holocaust and genocide.

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    "Christian Gerlach Quotes." Quotes.net. STANDS4 LLC, 2024. Web. 24 Apr. 2024. <https://www.quotes.net/citizen-quote/38599>.

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