Subject: Re: OT 90/10 portfolio (Barron’s)
Really happened to me in 08/09. Down 50-odd% at one point. Vowed never to do that again. Currently 80% stocks, with the 20% being more than total net worth in 2008.

Is down 40% so much better than down 50% (psychologically)? Because 100% stock allocation down 50% is roughly the same as 80% stock allocation down 40%.