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Listen to “How Should an Equity Line Look Like” on Spreaker.

Hi, guys. Hi from Andrea Unger. I wanted to discuss a little bit about the idea of getting a perfect equity line in our balance which, I must admit, unfortunately, is impossible.

The income will never be that regular and will never be as regular as you desire. There is always an up and down. We can’t obviously forecast it. We just only forecast that it will be there, but we can’t tell you when because if we were able to do that, we would obviously switch our systems off one second before they go into the inevitable drawdown.

And the point is that we have to be ready. Obviously, the higher our exposure, the higher the up-and-downs, the rollercoasters, such as in the championships—in the championships, we risk at the top level and, in that case, the up-and-downs are very heavy. But what we have to be aware of is that these up-and-downs happen, they do happen, and we have to be mentally ready for that so that we don’t get disappointed when our balance goes down for a period and we don’t get too much excited when we see a ramp-up in the balance because probably, sooner or later, there will be, again, a nasty drawdown. Ciao, guys. See you.

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