DAILY WALL STREET WISDOM · #034
💡
“Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.”
🇺🇸Peter Lynch
Former Manager, Fidelity Magellan Fund
WHO SAID IT
🇺🇸 Peter Lynch
Former Manager, Fidelity Magellan Fund
WHAT IT MEANS
Market timing is a fool's errand. Investors who sit on the sidelines waiting for a crash miss out on far more gains than they would have lost by simply staying invested through the downturns.
cycles