One Coronavirus risk I haven’t seen people talk much about is sequencing risk. The assets may be good and cash generative over the long term but it doesn’t matter if the creditors are the new owners and your equity gets wiped out.
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Replying to @LAForeverHall
OK, but is this a risk in aggregate, i.e. for
$SPY?1 reply 0 retweets 2 likes
Replying to @inner_scorecard
IDC about aggregate the only thing I care about is that I'm not the one who gets got.
7:10 PM - 6 Mar 2020
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