Who recalls the level reached by the S&P500 on 9 March 2009? Well, not so many of us, but the long term bullish equity investors, as the index has performed over 190% since then. As of today none of the equity investors should be worried, equities had one of its longest bull market runs, on top, volatility, described as the « investor fear gauge », is cheap. Be happy! Volatility as an asset class is becoming more and more important both among institutional investors and high net worth ind