3 ms·
I personally believed that stocks would continue at depressed valuations for the duration of the pandemic, yet bought during the crash because I knew there woul
by jdavis703 6y ago
I personally believed that stocks would continue at depressed valuations for the duration of the pandemic, yet bought during the crash because I knew there would be a recovery. I don’t think those actions are contradictory. (And of course I wound up being surprised how quickly prices recovered.)
- partiallypro 6y agoYou weren't a huge fund manager on TV talking down the market in real time while having your firm buy. A lot of people vested around last March, that's completely different than trying to scare people out of positions on national TV so that you can get into the position at a lower price.