Key insights
- The author dismisses the recurring "lost decade" narrative that emerges during market downturns, attributing it to "annoying" individuals who advocate for extreme conservative strategies. The piece advises investors to ignore such noise and hold investments through drops, citing personal regret from past panic selling. While acknowledging market volatility, the opinion piece does not offer a direct prediction or actionable insight for future US equity movements, hence a neutral influence score.
Every time we get drops like this, we get people saying we’re entering a “lost decade.” We also get people saying, “I sold at the top last week and now have converted everything to [insert absurdly conservative investment strategy here.” These people are extremely annoying. They showed up during the Covid crash, the 2022 crash, the tariffs crash, the Iran War crash, etc. Please do not listen to or upvote these people. As embarrassing as it is, during one of the aforementioned crashes, I liquidated a considerable amount of my portfolio, incurring a large capital gains tax, because of these people. Do not be me. Hold your investments through the drop. Tune out the noise. Otherwise you will deeply regret it.