March 2008
Beginner
224 pages
4h 47m
English
“Buy only what is being thrown away.” | ||
| --John Templeton, legendary investor and founder of the Templeton Funds | ||
Welcome to the world of panic, the big generator of market meltdowns. It is tsunami-like: When panic grips the stock market, waves of selling overtake practically every stock. There is panic on the upside as well, which drives up stocks in a frenzy. This chapter gives you an idea of how to react to such meltdowns. It explains how investors should confront panic in the marketplace. The thesis: Panic can be your ally.
When investors jump on the bandwagon of fear in times of panic, don’t be a follower. Investors should not join the running of the panicky bears or bulls. Panic begets loss of logic. And when logic goes, ...
Read now
Unlock full access