According to Bloomberg data, the BTFD strategy has been highly lucrative for investors since the 1920s, with buying the S&P 500 Index during drawdowns proving to be one of the most profitable strategies of the past century. This suggests that the current generation of investors has been highly successful in capitalizing on market fluctuations and leveraging them to their advantage.
Interestingly, Burry also admitted that he was wrong when he advised his followers to sell in February. Usually, the Buy the Dip strategy is recommended for beginner investors who are not able to follow sophisticated macroeconomic reports or learn technical analysis.
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