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How Long Will It Take the Market to Recover?
There is a cool equation you lay out here in the book. By estimating time for the market to recover after one of these large dips, you can actually come up with your expected yield. It really re frames how you think about a crash in a fundamental way. Though, i's the funny part. What actually happened? The market was back at all timings within six months.
On today’s show, Trey sits down with Nick Maggiulli. Nick is the COO and Data Scientist at Ritholtz Wealth Management. He’s also the author of the popular blog OfDollarsAndData.com as well as his new book Just Keep Buying, which authors like Morgan Housel deem a “must-read.” Nick is an expert in reframing and debunking old financial rhetoric.
IN THIS EPISODE, YOU'LL LEARN:
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
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