Recent market volatility underscores the case against stop-losses

Whitney Tilson’s email to investors discussing the recent volatility in the marketsunderscores why I don’t use stop-losses; Joel Litman suspends stop-losses; Powder Mountain, Grand Targhee, and Jackson Hole.Q4 2019 hedge fund letters, conferences and moreStop-Losses And The Volatility In The Markets1) The recent volatility in the markets underscores why I think it’s a mistake for investors to use stop-losses (note that my thoughts here do not apply to traders or to short selling).Automatically selling a stock if it moves against you by a certain percent (or you lose a certain dollar amount) ca…

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