Op-ed: After the Silicon Valley Bank collapse, don't try to time the market

The market volatility we're seeing now spikes two kinds of fear: fear of missing out and fear of loss. Both can lead to poor investment behavior.

Ralph Wanger, a successful portfolio manager, once likened it to an excitable dog on a very long leash, darting randomly in every direction, while its owner walks steadily and predictably from southwest to northeast across New York's Central Park — up, and to the right. His advice, as detailed in Bill Bernstein's "The Four Pillars of Investing," was to "keep your eye on the owner, not the dog.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Silicon Valley Bank's business as unusualIt's been just over three weeks since First Citizens agreed to buy failed Silicon Valley Bank, and it's not going great.
Source: axios - 🏆 302. / 63 Read more »

Skin care product company skips Silicon Valley to grow business with Northeast Ohio workforceA growing skin care product business from California decided to put down roots in Avon because of its location, affordability, and the skilled and motivated workforce in Northeast Ohio.
Source: WEWS - 🏆 323. / 59 Read more »

Bank of America CEO Brian Moynihan says bank earnings this week proved the system workedMegabank CEO says U.S. banks reported 'good earnings across the board' this week in a sign of health after 'disruption' from Silicon Valley Bank
Source: MarketWatch - 🏆 3. / 97 Read more »