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Squibs BEAR MARKETS The traditional definition: “A bear market is a period of time during which common stocks are returned to their rightful owners.”
“A bear market is a period of time during which people who think this time is different sell their common stocks – at prices which will never be seen again – to people who know that this time is never different.” ******************** Cash combined with courage in a crisis is priceless.— Warren Buffet ******************** “We had a bad ten years, so now we’re going to have another bad ten years?
I’m overwhelmed by the emptiness of that idea. The history of the market is
precisely the opposite. If you have a bad ten years, you’re likely to have a
good next ten years.” |
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