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10 Lessons from 1987 Market Crash

Posted By Barry Ritholtz On October 21, 2012 @ 11:00 am In Investing,Psychology,Rules | Comments Disabled

Nice set of rules from Wallace Witkowski of MarketWatch [1]:

10 lessons from the market crash of 1987

1. Stay objective when others get emotional
2. Be like Buffett: Buy on the fear, sell on the greed
3. Make a crash shopping list
4. What goes up fast comes down faster
5. There’s no such thing as ‘it can’t happen’
6. Tune out the daily noise
7. Don’t bail
8. Don’t use the calendar to rebalance your portfolio
9. Bet with your head, not over it
10. Investors face greater risk now



10 lessons from the market crash of 1987 [1]
Wallace Witkowski
MarketWatch, Oct. 19, 2012  

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[1] MarketWatch: http://www.marketwatch.com/story/10-lessons-from-the-1987-stock-market-crash-2012-10-19

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