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That's the wrong comparison.

The right comparison is to what would have been lost in corrections but for the preparations.

I mean, if you have x losses in preparation to achieve y losses in actual corrections, when you would otherwise have z losses in corrections for z > x+y, that's a win.



Of course, but for z > x + y to be true you'd have be amazing at timing the market (or just very lucky), which very few people are.




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