“For those properly prepared, the bear market is not a calamity but an opportunity.”
– Sir John Templeton
– Stocks have rallied over the past couple weeks as (1) China drew down its foreign exchange reserves to stabilize its currency,
“Always look for forced urgent selling.”
– Seth Klarman, Superstar Money Manager
– As our investment team at Evergreen GaveKal has been warning for the past couple of years, the US equity market is now in the throes of a well-overdue correction—if not in the early stages of a bear market.
“You pay a very high price in the stock market for a cheery consensus.”
– Warren Buffett
– Evergreen’s 2016 forecast letter focuses on the potential surprises that could happen over the course of the next year but are far off the radar of most investors.
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