“Buy the dips, and hold on for the long term…”

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Hi Michael,

This is a bit random but I thought you would get some interest out of it.

This morning in the sauna I overheard a young guy out of college who just got a job for an advisor position at a small firm. He was talking to this older woman who was saying that all her sons do very well in the stock market because “They buy when it’s on sale”. He was telling this woman that all she has to do is “buy the dips, and hold on for the long term”. He then went on saying that “If you believe in America, then you always buy the dips”.

I didn’t think I’d get to hear stories exactly like the ones on your podcast but I’m glad I did. I’ve never been more interested and bullish on trend following.

Best,
Ryan W.

Sometimes you don’t learn until the punch to the face, right?

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