'Obviously the thing to do was to be bullish in a bull market and bearish in a bear market.'
About this quote
- What does it mean?
- Align your market stance with the current economic direction to maximize success. "s": "Be optimistic when the market rises and pessimistic when it falls.
- What can you take from it?
- Match your strategy to the current market direction.
Where it applies
Putting it to work
Questions to consider
- How do you know the current phase?
- When do you shift stance?
Another view
Market direction is not always clear or simple.
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