How Bad Can Bear Markets Get?

Lessons from history on how long markets take to recover, and what investors should do

Stephen Foerster

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image of a bear
Photo by Zdeněk Macháček on Unsplash

A few years ago, while tenting in Ontario’s beautiful Algonquin Provincial Park, I woke to the sound of clattering coming from our nearby cooking shelter, a mesh covering around a picnic bench, with our cooking implements. I looked out to see a black bear that had…

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Stephen Foerster

I’m a Finance prof, CFA, and author of In Pursuit of the Perfect Portfolio (with Andrew Lo). I write stories about investing. (I don’t give financial advice.)