Pitfalls to avoid and opportunities to seek.
Pitfalls to avoid and opportunities to seek.
Crises are a fact of life in financial markets, and although all crises are different, there are some common threads running through them.
Lessons to learn from past crises include ensuring that you understand everything you own in your portfolio and avoiding the temptation of trying to call the bottom of the market.
Other lessons include remaining invested, seeking out high‐quality companies (which tend to recover strongly), and being on the lookout for fallen angels.