Off Cycle Commentary -Extremism As Defense From Volatility Is No Virtue – 03-11-2020 – Herb Morgan

March 11, 2020 Commentary, Industry News

By Herb W. Morgan, III, Efficient Market Advisors

“Be Fearful When Others Are Greedy and
Greedy When Others Are Fearful”
-Warren Buffett

With the Coronavirus unfortunately reversing the recent decline in active cases from late February and accelerating the number of net-new daily cases, it’s time to ask what investors might consider doing. Or importantly, avoid doing.

It almost goes without saying, that resisting the urge to change strategy, sell, go to cash etc., is a critically important consideration. While there may yet be more bottoms to achieve for this market, there will also no doubt be furious upside rallies based on policy anticipation, comments from leaders, news reports and the like. One of which, will ultimately be the bottom. Extremism as defense from volatility is no virtue! Continue Reading Here

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