“Predicting a downturn is not critical. The important thing is what you do when a significant downturn happens.” InvestmentInvestingInvestment PsychologyMarket CrashMarket DownturnMarket Cycles Author:Naved Abdali
“The known is comfortable and easy. The unknown is painful and gut-wrenching. This is the reason people sell at the height of a market downturn.” FearInvestment PsychologyMarket CrashMarket DownturnMarket Bottom Author:Naved Abdali
“It is not essential to know when the market will go down. The important thing is what you do when it does.” MarketsInvestInvestment PsychologyMarket CrashInvestment StrategyMarket Downturn Author:Naved Abdali
“You must not be a seller if not a buyer in a massive down-turn.” FearInvestInvestment PsychologyTrading PsychologyMarket CrashMarket DownturnMarket Bottom Author:Naved Abdali
“If you have a farm and you have a bad year, nobody quotes your farm 50% below its actual intrinsic value. But in stocks, this does happen and happens very often.” MarketsStock MarketValuationIntrinsic ValueStocksMarket CrashMarket Downturn Author:Naved Abdali
“A price drop is not an actual risk. The actual risk is not to know the reason why the price was dropped.” PriceMarketRisksMarket CrashMarket DownturnInvestment Risks Author:Naved Abdali