THE BASIS POINT

Josh Brown’s 10 Rules To Weather A Stock Selloff starts with “Shut The F*** Up”

 
 

There’s nothing better than when Ritholtz Wealth CEO Josh Brown goes off. His singular style is accessible, smart, entertaining, and credible. In this post, he breaks down 10 rules for dealing with the down market we’ve been having this month.

Take a moment out of your day to actually read this. It’s got critical notes about how markets correct, what’s happening now, and the 10 Rules are timeless for any market participant who’s long-gaming rather than just dabbling.

Rule 1 excerpted below as a style sample — but note there’s critical current market context that precedes this in Josh’s piece.

1. Shut the f*** up. No one wants to hear you complain about having stocks that are down. They also have stocks that are down. Commiserating with humor is allowed. Memes about losses are great, everyone can relate. Here’s the deal: Everyone has stocks that are down, at all times. And at a time like this, everyone has stocks that are down big. If they don’t, they’re not really investors, they’re just playing make-believe on social media. People are especially irritable when stocks are falling and brokerage account values are declining. Try not to get on everyone’s nerves. Don’t beat your chest for having taken money off the table. Don’t “told you so” your friends. Just grit your teeth and get through it. Say less.

Enjoy…

___
Reference:

Ritholtz Wealth CEO Josh Brown’s 10 Rules To Weather A Stock Selloff

 

WANT TO OUTSMART YOUR FRIENDS?

GET OUR NEWSLETTER

Comments [ 0 ]

WHAT DID WE MISS? COMMENT BELOW.

All comments reviewed before publishing.

3 × three =

NEED CLARITY IN ALL THIS CONFUSION?

GET OUR NEWSLETTER.

x