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We can't really say that any individual point in time is "the" bottom, but it's obvious just looking at pricing data that we are at "a" bottom. The S&P 500 is

We can't really say that any individual point in time is "the" bottom, but it's obvious just looking at pricing data that we are at "a" bottom. The S&P 500 is down where it was about 3 years ago, and the Dow is similarly situated. If you buy primarily indices, this drop is a bit like time travelling 3 years in the past to buy. And, it's hard to argue that that's not a better deal than buying, say, in December.

v64 7y ago
> We can't really say that any individual point in time is "the" bottom, but it's obvious just looking at pricing data that we are at "a" bottom. I don't know if we can even say that. It's entirely plausible that the market continues to move down for months or years as the economic reality starts to become clearer. When the actual bottom is put in, March 2020 might look like "the end of the top", not "the start of the bottom".