Meltdowns. Meltdowns. Meltdowns. Everyone’s bloody worried about it. Is the virus going to crush my holdings? Is the market going to crash?
There’s just no peace of mind without data. So here’s some data. But first, some cautionary advice from the greats.
Peter Lynch
“Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves. I can’t recall ever once having seen the name of a market timer on Forbes’ annual list of the richest people in the world. If it were truly possible to predict corrections, you’d think somebody would have made billions by doing it.”
Walter Schloss
“I am not good at market timing, so when people ask me what I think the market is doing, their guess is as good as mine.”
...