The Bear Market and Future Returns
Crashes always feel like opportunities in retrospect and like risks in the present.
Because the day-to-day experience of a bear market is so draining, investors need to absorb the glass-half-full case to remain fortified.
Risk Is Counterintuitive: Avoid Following the Herd
Fear of the unknown is an instinct that helps us survive, but acts against our better judgment as investors. It pushes us toward the perception of safety.