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TIP583: Preparing for the Bear Market to Come w/ Gautam Baid

We Study Billionaires - The Investor’s Podcast Network

ADVICE

Averaging Down in Bear Markets

  • Avoid averaging down on highly leveraged businesses like banks or commodity companies.
  • Don't average down on businesses facing technological obsolescence or suspected fraud.
  • It's okay to average down on structurally sound businesses with large growth opportunities and sector leadership.
  • Investing in quality allows you to view market corrections as buying opportunities.
  • This approach helps maintain conviction during market downturns.
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