Market Panics in hindsight - John Huber @Saber capital

[opmi]

BTW No money to buy in the panic - switch from low conviction to high conviction shares AND/OR margin up (30% financed wont die one unless you are a bobo investor)

I didn't know that one can have "low conviction" stocks in their own portfolio!

But of course, when times are good and investors say "I am ready to take on risk" - it is simply a disguise for "i am ready to make money".
It is only when the bear markets come, and it exposes all our insecurities and flaws.

relatively lower conviction stocks...over time, the portfolio will gather some kuti-kuti or tikam stocks or rubbish. can switch from those. hahaha

Or conviction changed when the facts changed and the share prices haven't reflect that yet (based on your own analysis).

Or those with the time to harvest/catalyst seems longer now.