PNV 0.41% $2.45 polynovo limited

Perspective, page-96

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    https://switzer.com.au/the-experts/peter-switzer/history-says-dont-panic-wait-this-crash-out/

    Not a bad point by Switzer (for once):


    Stock markets are a window on the economy but it’s not a clean window and right now we’re not sure if it’s showing us an accurate picture.

    The lack of accurate clarity creates unreliable vision and stock markets could be overreacting because they don’t know exactly what’s going on.

    When in doubt some people sell and go to cash, but the charts I’ve shown you suggests it’s better to sit and wait it out, unless you are a gifted timer of markets.

    If you get out and you miss the rebound of the stock market you could lose on the way down and on the way up.Fidelity looked at a 38-year period for the stock market and it showed missing the five best days when you’re not fully invested “…drops your overall return by 35%!”

 
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