How To Make Millions With A Market Crash from Peter Lynch

How To Make Millions With A Market Crash from Peter Lynch https://youtu.be/kaizE2-jIWU Peter Lynch is one of the great investors in history working as a mutual fun manager at Fidelity Magellan Fund. His achievements created over 29% annual return crushing the market for 13 years. But if you don't understand the company, if you're just buying on the fact the stock is up from 26 to 16 and then against ten, what would you do when it went to nine? What would you do with it? What would you do? One with the seven? This is the problem that people have is they sell stocks because they didn't know why they bought it. Then it went down and they don't know what to do now. You flip a coin, you walk around the block. You know, what do you do? You should study history and history. The important thing you learn from what you learn from history is the market goes down. It goes down a lot. The math is simple. There's been 93 years, a century. This is easy to do. The market's had 50 declines of 10% or more so 50 declines in 93 years. But once every two years, the market falls 10%. We call that a correction. That means that's a euphemism for losing a lot of money rapidly. We call it a correction. And so 50 clients in 93 years, about once every two years, the market falls, 10% are those 50 declines. Tyler Investing