John Rekenthaler
John Rekenthaler
bankrupt companies good half industry shape weather
This isn't the kind of industry where half the companies are going to go bankrupt in a recession. They're in good shape to weather a downturn.
educated people risk tolerant
People become risk tolerant when they become educated about the market.
aspects fidelity invest key managers paid
When I think of Fidelity, one of its key aspects is flexibility. Fidelity managers are paid to invest flexibly and I think they're doing it well.
learn next ok panic work
When panic strikes, try to be calm. If that doesn't work, it's OK to panic. Just don't panic for the next 30 years. Learn from the experience.