Most candidates get this wrong. If you lose 50% on an investment, what return do you need to break even? ⬇️ Solution Start with $100. Lose 50% → you’re at $50. To get back to $100, you need to make $50 on $50. A 50% return would only get you to $75. You need a 100% return on your $50 to get you back to your original $100. Percent gains and losses aren’t symmetric. This is why large drawdowns are so hard to recover from. #interviewprep #brainteaser #financecareers #investmentbanking #privateequity