🪣 A correction, not a crisis
optimisticallie.com
🪣 A correction, not a crisis
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 clear conclusion is that, in every case, the market did correct itself. The market eventually corrects any irrationality—albeit in its own slow, inexorable fashion.
Burton G. Malkiel • A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing (Twelfth Edition)
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
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