An investor is looking at a graph of the value of his portfolio for the first quarter of the year. On January 10 the value was at an all-time high and then began to decline; on February 10 there was an inflection point (the only inflection point on the graph); on March 10 the value was at its lowest point and then began to rise. What was the significance of the inflection point? (Assume that the graph has no straight segments.)
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