Quote:
Originally Posted by tisonlyi
Bear markets tend to crush almost everyone involved.
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Those who weather them tend to be of two kinds: 1) those with a properly diversified portfolio, 2) contrarian investors.
Unfortunately, there are many who don't know what true diversification is and many who think contrarian investors are simply bat-shit crazy.
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Knowing that death is certain and that the time of death is uncertain, what's the most important thing?
—Bhikkhuni Pema Chödrön
Humankind cannot bear very much reality.
—From "Burnt Norton," Four Quartets (1936), T. S. Eliot
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