Remain disciplined in turbulent times from "summary" of The Dao of Capital by Mark Spitznagel
In times of turbulence, it is easy to succumb to fear and uncertainty. Market downturns, economic crises, and unexpected events can trigger panic and irrational behavior. It is during these turbulent times that discipline becomes crucial. Discipline is the ability to adhere to a set of principles and rules, even in the face of chaos and uncertainty. It is about staying focused on long-term goals and not being swayed by short-term fluctuations. Remaining disciplined in turbulent times requires a strong conviction in one's investment strategy and the willingness to stick to it, no matter what. It means not giving in to the temptation to abandon ship at the first sign of trouble, but instead staying the course and weathering th...
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