Quotes on Market Correction

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.

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.

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.

If you're in the market, you have to know there's going to be declines.

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.

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.

A correction is a wonderful opportunity to buy your favorite companies at a bargain price.

People who exit the stock market to avoid a decline are odds-on favorites to miss the next rally.

Corrections are unpredictable. By selling stocks to avoid pain, you can miss the next gain.

Long-term bonds can be almost as volatile as stocks. They have their own corrections.

As soon as you realize you can afford to wait out any correction, the calamity also becomes an opportunity to pick up bargains.

Far more money has been lost by investors preparing for corrections or trying to anticipate corrections than has been lost in corrections themselves.

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.

Everybody in the world is a long-term investor until the market goes down.

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.

What you learn from history is the market goes down. It goes down a lot.

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.

A correction is nothing more than a Wall Street euphemism for losing a lot of money very rapidly.

Everyone says they're a long-term investor until the market has one of its major corrections.

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.

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.

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.

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.

It's very understandable to have a quick, sizable correction, even if the fundamentals are fine.

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.

At some point, we will have a major correction and everybody will get scared again, and we will have another buying opportunity.