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Dunno, seems like the lesson anyone would have learned in 2020 is “the fed will save you and all losses are extremely temporary”, which is not like a real downt
by bo1024 5y ago
Dunno, seems like the lesson anyone would have learned in 2020 is “the fed will save you and all losses are extremely temporary”, which is not like a real downturn.
- OJFord 5y agoMaybe, but it seems directionally correct. If you panicked and sold only to later repurchase (or not need the cash until later) that was bad - and even if you learnt not to do that for the wrong (or not generalisable) reason, you sort of learnt the right thing?