2min chapter

The Compound and Friends cover image

Once Upon a Time in Boston

The Compound and Friends

CHAPTER

The Market Isn't a Free Lunch

The market went up a hundred and 16 % from march 20 20, january 20 22. But i started investing last week. What? What are we saying here with this consumer staples chart? A ah, we do't at to get i just esci le's skip ita, master pessimism. S if we some tat. We've got up 15 % a year for years. It can't continue. I mean, the market higher average volatility in that priod the odds of a ten to 15 % correction, historically is about 40%. And the market goes down forty % at a time.

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