Investing in equities has always been a transaction: you accept short-term pain in exchange for long-term compounding. But not all pain is equal. For most blue-chip holdings, a market crash means a bruising but survivable 20% to 30% drawdown. For Opendoor Technologies (OPEN), the math has been categorically different. Across the five major systemic shocks during which OPEN has traded, the stock has posted an average peak-to-trough decline of 52% - nearly four times the S&P 500's average −13% ove