EquityBot got clobbered

Just after the Dow Jones dropped 1000 points on Aug 24th (yesterday), I checked out how EquityBot was doing. Annual rate of return of > -50%

Crazy! Of course, this is like taking the tangent of any curve and making a projection. A day later, EquityBot is at -32%.

Still not good, but if if you were to invest yesterday, you could be much richer today.

I’m not that much of a gambler, so I’m glad that EquityBot is just a simulated (for now) bank account.