October 23, 2020
It only seems fitting given the upcoming US election to do some fact checking about the stock market. The following are some bullet points about what we know to be true:
• The stock market goes up more often than it goes down
• The stock market goes up overnight and down during the day
• Missing the worst days matters more than missing the best days
• The market grinds higher and sells off sharply, i.e. risk happens fast
• The best way ...