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Chuck Jaffe: Lessons Lost; Investors Failed The Downturn Test Of 2018: The Dalbar Study
Many people believe that some of life’s best lessons are learned at the worst of times.
But a recent study shows that the worst of times in the stock market’s recent memory brought out the worst behavior in most investors, and people who fail to learn from that experience will severely damage their investment portfolio the next time equity investing gets scary.
