If you’ve read Jason Zweig’s excellent book, Your Money and Your Brain or his updates in Benjamin Graham’s classic book, The Intelligent Investor, you’ll know how Zweig describes the media’s obsession with a single (minority) side of the investment population.
When it comes to our money, we’re primal. We like to see it rise in value.
But only retirees should want to see their portfolio’s rise in value. I would much prefer to see a crash. Most of the people on this site should prefer that too.
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