Economic TimesLean R·
Quote of the day by Charles Ellis: "There’s an old market saying about stocks to the effect that they all go down together"
Charles Ellis highlights how stocks often decline together during market stress, challenging the perceived safety of diversification. The piece explains how investor sentiment drives correlations higher in crises and why long-term investors should remain disciplined, as such phases are temporary and often followed by recovery led by fundamentally strong companies.
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