Evan Grey Owl

It's Too Late To Sell Stocks, Just Wait

"If your stocks are already down 30% to 60%, it’s too late to sell."

Larry, What then would you recommend to a newer investor who used the margin feature of their account before the violent downturn, and is now facing margin calls because stock has surprisingly lost 40-60% of its value almost overnight? Is this part of the brokerages and banks capital raising exercises? These are serious questions. Thank you in advance for your reply.