Your success as an equity investor depends on four words…

These four words drive how you behave in the stock markets or how you behave with your portfolio…

The truth is there are two of these four words…People either believe one or the other…

Without any more suspense, these are the two…

This Time Is Different…

Or

This Too Shall Pass…

When you are a part of the first camp, everything looks like a crisis…

Evergrande – a crisis… Do we even remember this name (the Chinese real estate developer that threatened to take everything down) today?

A company missing its earnings for a quarter – a crisis…

The Global Financial Crisis even though of a different magnitude was still a crisis…One that passed…

COVID-19 – a major crisis …but again one that has passed (even though we might still be feeling its impact).

As I mentioned in my Tuesday (Why?) post, there is nothing the stock market has not overcome… There is nothing the stock market will not overcome…

Your success as an equity investor is a function of the camp (the four words you believe) that you are in …

Now that you know this, which camp are you a part of?