The recent market turmoil caused by the coronavirus pandemic and the resulting economic shutdowns has tested the robustness of many financial portfolios and strategies. However, despite the uneven and uncertain economic recovery, the markets have largely bounced back. The S&P 500 is barely down by a few percentage points compared to its all-time high. Even then, the quick and ugly correction of February/March 2020 did provide a perspective and an opportunity to investors to judge for themselves if they could withstand the risks and drawdowns in their portfolios. If not, they need to adjust their