Bear markets do weird things to people.
Some cash out completely at low levels.
Some pull out money from quality businesses & put it into penny stocks on hopes of making quick bucks on the reversal rally.
Some quit the markets to never return.
Some start blame games & start cursing management, portfolio managers, research analysts & the economy.
Some get pessimist & bears forever; only to lose money lifelong rather than only in bear markets.
While some get wiser, matured, disciplined & refine their investing process.
Situation remains the same. It all depends on how you react to the situation. Never waste a good crisis like bear market.
