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Position for the future by learning from the past
Published Fri, Feb 15, 2019 · 09:50 PM
"Those who do not remember the past are condemned to repeat it." - Benjamin Graham
WE are arguably in the later stage of the economic cycle, and further periods of volatility may lie ahead. When dramatic sell-offs happen, they can get aggravated especially in today's digitally connected world, often challenging investors' commitments to their long-term investment plans. While there is no fool-proof method to navigate extreme market volatilities, we can draw lessons from historical financial crises.
What makes a financial crisis?
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