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Transitory Bear Markets, the Power of Doing Nothing, & Big Tech's Dominance | Ben Carlson

Mind Your Money

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How to Get Your Clients to Take Advantage of a Bear Market

Benjamin Graham: "I wish 2008 would happen again because I missed it. As an advisor who basically cut their teeth and grew up in those years or started their whole New York experience while the world was collapsing, I vowed to myself that I will be prepared" He says his baseline during a bear market is always, okay, this one's going to be the worst one ever.Graham: For me, it's automating everything so my rebalancing is automated. When things got out of whack when you had this horrible month since the Great Depression, it was like the worst time for stocks.

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