Monday, July 27, 2015

Market Corrections are part of the overall markets

Risk aversion is good, because one needs corrections and consolidations. Bull markets climb a wall of worries; when nobody is worried and nobody is scared, it’s a problem. So, you want people to be scared and worried. This is not good for people losing money but it is good for the overall markets.

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.