The Importance of Risk Management in Investing

I mean, to this day, every time I go into an elevator, and it says, in case of fire, do these stairs, I think to myself, yeah, why is that the case? Well, the method you take on the way up might be very different than the way you took on the way down. And like all things, we like to bring it back to investing. Investing is that way too, because we have pretty long bull market,. arguably, again, and not to mix the terms bull and bear. But we had, let's call it generally forgiving the markets with either light corrections or short, sharp, very quick bear cycles that reverse themselves.