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Would Black Monday in October 1987 when the market dropped like 25% count as Mr. Fat Tail? I believe the market was down the Friday before the Black Monday. It might have down also on Tuesday, the day after Black Monday. What kind of adjustments would Karen make if the market tanked 25%...

How would her strategy do if another Black Monday of October 1987 happens? The market was down like 25% on that Black Monday. I think it was down also the following day. The market also was down the Friday before the Black Monday.