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I want to make it clear that I wholeheartedly agree with legendary investor Peter Lynch’s famous claim: “Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.” If you have read the detailed country case studies included in this book and believe that you can now accurately predict the next major global financial crisis and decide to withhold all your money from the markets until a crash occurs and plan to pile all your assets in at the market bottom, good luck. The problem with this market timing strategy is that I have never met a single person who has been able to consistently execute it with success. There are two ...
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