It's a fun week if you're in Dow industrials . . .
If you're in biotechs, you might retire early (this week).
The best learning comes, usually, only with pain. I learned that from Rocky (who ironically didn't seem to learn much through all of those sequels).
Passive investing, to place Rocky in the spotlight yet again, is about as good as blocking punches with your face right now. Can you stomach a 4000-point dip?
There's a happy medium here somewhere, perhaps in the sense that peripheral vision (i.e., research with an open mind) can do wonders for your outlook, so long as you take the time to develop it. This statement has cost me thousands, by the way . . .