🪣 A correction, not a crisis
optimisticallie.com
🪣 A correction, not a crisis
The trajectory of very recent history often tells a distorted story. Making this even harder, in the short-term, assuming an accelerating growth rate might make you look silly or lose money. The progression isn’t smooth. A period of rapid growth might give way to a period of slower growth. Progress happens in S-Curves -- similar to the Gartner Hype... See more
notboring.co • Compounding Crazy
During those terrible days after 9/11, when the whole country was being whipsawed by emotion, or the weeks between September 19 and October 10, 2008, when the Dow fell 3,600 points, there were times I felt like hugging our computers. They kept their cool no matter what.
Ray Dalio • Principles: Life and Work
If the Fed jacks up interest rates, growth assets could tank short-term. Ham-fisted crypto regulation is a legitimate concern. Markets never go straight up. Even though global equities and the Nasdaq have compounded at a roughly 10.5% CAGR and ended up and to the right, there were a lot of bumps along the way. Please don’t mortgage your house and Y... See more
notboring.co • Compounding Crazy
Despite all the praise that I have just given to stocks, they are not for the faint of heart. In fact, you should expect to see a 50%+ price decline a couple times a century, a 30% decline once every four to five years, and a 10% price decline at least every other year. It is this highly volatile nature of stocks that makes them difficult to hold d
... See moreNick Maggiulli • Just Keep Buying
When the market crashes, it falls for more than a year on average, and loses over 30 per cent of its value. And that’s the average. Sometimes, it’s a lot worse. When this has happened in the past, many otherwise smart people have panicked and sold out with the worst possible timing—including some of those who preach the buy-and-hold approach! So yo
... See moreRichard Meadows • Optionality: How to Survive and Thrive in a Volatile World
The 2020 coronavirus crash sent the market into the fastest tailspin in history, with the S&P 500 tumbling 35 per cent in just over a month. This was immediately followed up by the fastest recovery of all time, to the point where, astonishingly, the market set a new all-time high in the middle of a global pandemic. The Dow Jones notched up 14 o
... See more