Oppenheimer Fund, 1987

Oppenheimer funds recorded exceptional performance in 1987 despite the October market crash, with the Oppenheimer Ninety-Ten Fund leading as one of the best-performing mutual funds of the year with a return of +94.77% through December 23, 1987. It was 40 years ago. I was impressionable. I was impressed. 1. You cant insure excellent results normally. You can akways insure before a catastrophic loss with good results. 2. You can manage "insurance" costs. 3. You cant implement an ninsurance strategy passively with good results usually.