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Bear Market Lessons (EP.306)
Animal Spirits Podcast
The Bear Market's Biggest Lessons
The Wall Street Journal is looking for the bear market's biggest lessons. They interviewed a 40-year-old accountant who lost $1 million in his brokerage account. The losses were stressful at times, and he skipped vacations with family to spend time keeping an INIS portfolio. For most people, it really isn't worth putting money into concentrated positions.
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