If you don’t have a fundamentally sound plan, what happens is that you aren’t ready for most scenarios that happen. A large drawdown is going to happen its your action plan.
Sometimes it is your appreciation of a draw down.
In
time travelling to prior crash predication, Ben provides a rather interesting table:
Bears say the market will crash is true, but a good bear provides the RIGHT time frame. You can’t keep talking about it. The price target to get back to all these points look intimidating.
Until you realize perhaps you won’t give up all of it.
Framing your brain, you have been itching to “buy cheaper” and when the time comes, you probably think of not being
a vegetable head of missing out buying much cheaper.
Well prospect with true margin of safety will try to ensure you have an iron cast business that doesn’t lose ......