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A comment on Stock Market Returns Are Anything but Average. Parent comment
1. Market falls sharply.
2. General public panic and sell, while market timers double down.
3. Market falls further, market timers panic and sell.
4. Markets rebound sharply, with the above-mentioned people missing those good days.
The key assumption is that at least some really good days usually follow really bad days.
1. Market falls sharply.
2. General public panic and sell, while market timers double down.
3. Market falls further, market timers panic and sell.
4. Markets rebound sharply, with the above-mentioned people missing those good days.
The key assumption is that at least some really good days usually follow really bad days.