This has been the case for many bright forecasters who foresaw what was in the pipeline but failed on the timeline. They all underestimated the power of Central banks.
Actually, this is only part of the story. She was in her early to mid 20's at the time so like most traders, this was a huge lesson in risk management learned early in her career. Since those days most of her years have been profitable and those that haven't have been minor drawdowns at best. Her fund made the top 10 list in barclays in it's category last year. Check out the return relative to risk over the life of the fund (need to be an accredited investor to get access to the individual barclay fund data). -eLindy
I get a regular newsletter from Trader Ed of Trader Planet. Is he Ed Seykota ? Nearly cut his own hand off last month tho