As a professional road tester, you always hope that your skill can
slice a couple
of tenths off the
time set with the electronics enabled, but although I tried various settings I couldn't make the SL accelerate as fast, let
alone faster.
NAV was subsequently
sliced in half, to $ 5.50 — when you consider AAA mark - to - markets at the
time, let
alone equity performance, that's actually an extraordinary performance for a portfolio
of (leveraged) residual equity tranches.