The reason to own commodities may be that one believes they provide equity like returns with little correlation with equities. The time to own commodities is (or at least has been) when they are down, when everybody has lost money in them, and when they trade below the cost of production.
-
It has been well and correctly remarked that the only things that go up in credit crisis and financial panic are correlations and volatility.
Back to top. Source: Link
-
Inflection points occur in the market, and around them performance can suffer, but you have to stick to your guns.
Back to top. Source: Link
-
It would be silly to expect every bear market to turn into the Great Depression. It would be equally wrong to expect that a fall from overvalued, to more fairly valued, couldn’t badly overshoot on the downside.
Back to top. Source: Link
-
You must always be prepared for the unexpected, including sudden, sharp downward swings in markets and the economy. Whatever adverse scenario you can contemplate, reality can be far worse.
Back to top. Source: Link
-
People seeking answers to why the market plunged usually emphasize the immediate events that precipitated a selling panic, when in fact these events are but minor symptoms of much more severe underlying problems.
Back to top. Source: Link
-
The novice soon learns that stocks are likely to maintain an upward or downward trend for long periods of time with minor interruptions of the major trend.
Back to top. Source: Link
-
If you don’t believe corporate profits will continue to rise, and you can’t stomach a decline in the market, don’t buy stocks or equity mutual funds.
Back to top. Source: Link
-
A correction is a wonderful opportunity to buy your favorite companies at a bargain price.
Back to top. Source: Link
-
People who exit the stock market to avoid a decline are odds-on favorites to miss the next rally.
Back to top. Source: Link
-
Corrections are unpredictable. By selling stocks to avoid pain, you can miss the next gain.
Back to top. Source: Link
-
Long-term bonds can be almost as volatile as stocks. They have their own corrections.
Back to top. Source: Link
-
As soon as you realize you can afford to wait out any correction, the calamity also becomes an opportunity to pick up bargains.
Back to top. Source: Link
-
Far more money has been lost by investors preparing for corrections or trying to anticipate corrections than has been lost in corrections themselves.
Back to top. Source: Link
-
Missing the bottom on the way up won’t cost you anything. It’s missing the top on the way down that’s always expensive.
Back to top. Source: Link
-
Everybody in the world is a long-term investor until the market goes down.
Back to top. Source: Link
-
You need to know the market’s going to go down sometimes. If you’re not ready for that, you shouldn’t own stocks. And it’s good when it happens.
Back to top. Source: Link
-
I’ve found that when the market’s going down and you buy funds wisely, at some point in the future you will be happy.
Back to top. Source: Link
-
A correction is nothing more than a Wall Street euphemism for losing a lot of money very rapidly.
Back to top. Source: Link
-
Everyone says they’re a long-term investor until the market has one of its major corrections.
Back to top. Source: Link
-
When I ran Magellan Fund, the market had 9 declines of 10 percent or more in those 13 years. I had a perfect record. All 9 times, my fund went down.
Back to top. Source: Link
-
After a stock market decline, people may perceive more risk than before when, in fact, the decline may have taken some of the risk out of the market.
Back to top. Source: Link
-
Whenever you get a wild excess on the upside, the following correction doesn’t just go back to normal; it almost always falls way below normal.
Back to top. Source: Link
-
You get recessions, you have stock market declines. If you don’t understand that’s going to happen, then you’re not ready. You won’t do well in the markets. If you go to Minnesota in January, you should know it’s gonna be cold. You don’t panic when the thermometer falls below zero.
Back to top. Source: Link
-
It’s very understandable to have a quick, sizable correction, even if the fundamentals are fine.
Back to top. Source: Link
-
So the stock market will definitely have a correction. Everybody will say that it is the end of the world. I predict it. They will say the big one’s coming.
Back to top. Source: Link
-
At some point, we will have a major correction and everybody will get scared again, and we will have another buying opportunity.
Back to top. Source: Link