Peter Lynch: “Everyone has the mental capacity to make money in stocks. Not everyone has the stomach for it.” Ironically, everyone has a high tolerance for risk when prices are rising.
The real test comes after the drop: Can you stay calm while watching your portfolio turn red? Can you think clearly? Can you resist the temptation to turn temporary discomfort into a permanent loss? That’s when you enter the world of Epictetus.
The real test comes after the drop: Can you stay calm while watching your portfolio turn red? Can you think clearly? Can you resist the temptation to turn temporary discomfort into a permanent loss? That’s when you enter the world of Epictetus.