We recently introduced a page that I don’t think has an equal on the Internet – – it tells you the present value of any equity investment you made in the past as well as the worst drawdown during the span of your personal holding period. You can use the page by clicking here.
I discovered, however, a mistake in the arithmetic on the original deployment. The drawdown would tell you how much you might lost from your entry price. I thought a more useful definition – – particularly given the psychology involved – – would be the loss from the peak value to the lowest value during any period of your holding. We’ve made this correction, and I think the improved results speak for themselves.
Have fun with the regret! It’s quite a painful page.
