AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
1min snip
TIP583: Preparing for the Bear Market to Come w/ Gautam Baid
We Study Billionaires - The Investor’s Podcast Network
Navigating Portfolio Volatility and Averaging Down in Bear Markets
The author discusses their experiences as an investor during the market downturn in March 2020. Despite transitioning to focusing on high-quality equities, their portfolio still fell 30-35 percent along with the index. They acknowledge that volatility and market downturns are to be expected and that one must endure the pain to enjoy long-term gains. Bear markets also present opportunities to add to high-quality companies. The author also mentions specific points on when it is not appropriate to average down during a bear market, such as with highly leveraged business models and operationally leveraged models.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode