cff-version: 1.2.0
message: "If you use this work, please cite it as below."
title: "The False Promise of Drawdown Rules: New Evidence and a Better Framework"
authors:
  - family-names: "Varma"
    given-names: "Samir"
identifiers:
  - type: doi
    value: "10.3905/jpm.2025.1.765"
date-released: 2025
preferred-citation:
  type: article
  title: "The False Promise of Drawdown Rules: New Evidence and a Better Framework"
  authors:
    - family-names: "Varma"
      given-names: "Samir"
  journal: "Journal of Portfolio Management"
  year: 2025
  volume: "52"
  pages: "145--161"
  doi: "10.3905/jpm.2025.1.765"