The Wealth Transfer Has Started — Panic Sellers Are Handing Fortunes to Buyers

The gist

1. Every 20-year rolling period in S&P 500 history has been positive, including through the Great Depression and 2008 crisis.
2. Bull markets average 112% gains over 2.7 years while bear markets last only 9.5 months with 35% losses, rewarding those who hold.
3. Loss aversion makes retail investors sell low and miss recoveries, while Buffett bought into Goldman Sachs and GE in 2008 and made over $10 billion.
4. Bilyeu says to skip market timing and buy broad assets like the S&P 500 on a steady schedule, treating fear-driven dips as entry points.