Why You Should Not Fear Volatility
If you want the upside building wealth, you have to accept volatility and periodic declines that come with it. it’s the price of admission for long term investment success. If you’re not willing to react with equanimity to a market price decline of 50% two or three times a century you’re not fit to be a common shareholder and you deserve the mediocre result you’re going to get. 换句话说,市场在一个世纪才会出现两到三次完美买入机会,你绝对不应该错过它 ...