When Markets Tank, Do This - Jason Zweig

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Rowan Oak
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When Markets Tank, Do This - Jason Zweig

Post by Rowan Oak » Thu Oct 11, 2018 4:23 pm

(my adaptation of Rudyard Kipling's poem "If --")

If you can keep your head when all about you

Are losing theirs and blaming it on the Fed;

If you can trust yourself when guests on CNBC shout anew,

But make allowance for their shouting dread;


If you can wait and not be tired by waiting,

Or, surrounded by nonsense, don’t deal in nonsense,

Or, inundated in indicators, scoff at what they’re indicating,

And cherish the thought that uncertainty is immense;


If you can remember, hearing a pundit say,

“Stocks went down because there were more sellers than buyers,”

That for every seller is exactly one buyer, every day,

Thus reminding yourself that most pundits are liars;
....
When Markets Tank, Do This

This is the Wall Street Journal so may be behind paywall. I was able to access for free using the link Jason provided through his Twitter account : https://mobile.twitter.com/jasonzweigwsj
I was also using a mobile device which may or may not make a difference.
Last edited by Rowan Oak on Sun Oct 14, 2018 6:55 pm, edited 1 time in total.
“If you can get good at destroying your own wrong ideas, that is a great gift.” – Charlie Munger

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Hayden
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Re: When Markets Tank, Do This - Jason Zweig

Post by Hayden » Thu Oct 11, 2018 4:55 pm

Great! Thanks for posting!

delamer
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Re: When Markets Tank, Do This - Jason Zweig

Post by delamer » Thu Oct 11, 2018 6:29 pm

I wasn’t much into poems when I was a kid, but I loved the original of this one!

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Ricchan
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Re: When Markets Tank, Do This - Jason Zweig

Post by Ricchan » Thu Oct 11, 2018 7:39 pm

Just popping in here to say you can often view paywall'ed articles by opening them in a private / incognito browser window, for those who don't already know. :beer

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LadyGeek
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Re: When Markets Tank, Do This - Jason Zweig

Post by LadyGeek » Thu Oct 11, 2018 8:18 pm

That doesn't work for WSJ. They do, however, allow articles to be viewed from facebook (and twitter, I see).

Go to: Tweets by Jason Zweig (@jasonzweigwsj) / Twitter, then click on the link in this tweet: When Markets Tank, Do This: A poem for investing in falling markets When Markets Tank, Do This wsj.com

You can redirect your browser to link from facebook by following the instructions in this post: Re: The Wall Street Journal to close Google loophole entirely
Wiki To some, the glass is half full. To others, the glass is half empty. To an engineer, it's twice the size it needs to be.

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Ricchan
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Re: When Markets Tank, Do This - Jason Zweig

Post by Ricchan » Fri Oct 12, 2018 12:26 pm

Weird, the private / incognito browser method works for me using Chrome. (I even double checked it just now-- blocked in a normal window, viewable in an incognito window.) Maybe WSJ is just finicky about it?

But regardless, the facebook referral bookmarklet is also a nice trick, so thanks for pointing that out. :)

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