A 2024-11-13 reply to @nikhilkamathcio contains only a link from the replying account, so I cannot treat the quoted market commentary as that account’s view. In the quoted post, @nikhilkamathcio said markets had been up ~16 percent this financial year and were then up ~6 percent, adding that “6 percent is a lot,” while saying that was not the reason for posting and asking for thoughts. The quoted post included https://t.co/iTx8oBxuKF; the reply shared https://t.co/z1EwFLibqc. The capture provides no answer to the question or explanation of the figures.
On 2022-11-07, I raised the possibility that Covid could be an anomaly, noting that there had been no drawdown of over 20 per cent since 2011, whereas before then such drawdowns had historically happened once every 2 years. I cited research from @Investywise and shared https://t.co/BhpugRx5KE, but did not specify the market, index, historical period, or definitions behind the comparison. This observation sits alongside my broader thinking about managing risk across market cycles.