You guys aren't seeing things clearly
#1
You guys aren't seeing things clearly

<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/sw3sc9/you_guys_arent_seeing_things_clearly/"> <img src="https://b.thumbs.redditmedia.com/vsNKw1J3XNs-T4R7q-rUwCK9LF2SqiF3B4vPuPnyqMs.jpg" alt="You guys aren't seeing things clearly" title="You guys aren't seeing things clearly" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>For those of you that dont know, this is Peter Lynch:</p> <p>&#x200B;</p> <p><a href="https://preview.redd.it/cdr62ff7jqi81.png?width=960&amp;format=png&amp;auto=webp&amp;s=f5752413a7cf7e6d0ddfa796b830cfd24f0baa18">https://preview.redd.it/cdr62ff7jqi81.png?width=960&amp;format=png&amp;auto=webp&amp;s=f5752413a7cf7e6d0ddfa796b830cfd24f0baa18</a></p> <p>He's a legendary investor at Wall Street.<br/> This man was named the head of the <strong>Magellan Fund</strong> at 1977 when he was 33 years old, which had $18 million in assets. He ran it for 13 yearsm, which allowed him to retire at 1990 at the age of 46, when the fund had grown to over $14 <strong>billion</strong> in assets. The fund annualized return was at 29.2%, more than twice the S&amp;P 500 at that time - which means that he <strong>consistently beat</strong> the market.</p> <p>After his retirement, this legendary investor switched to philantropy and only managed his own stocks.</p> <p>So, I'm reading Peter Lynch's book called &quot;Beating The Street&quot;, where he talks about his investiments strategies, the way he thought during critical momments and the market and so on. </p> <p>While I was reading, I've found this:</p> <p>&#x200B;</p> <p><a href="https://preview.redd.it/erv8jkzwkqi81.png?width=799&amp;format=png&amp;auto=webp&amp;s=fe3ddb1735f46a2236537cf890307cc8b11e9053">https://preview.redd.it/erv8jkzwkqi81.png?width=799&amp;format=png&amp;auto=webp&amp;s=fe3ddb1735f46a2236537cf890307cc8b11e9053</a></p> <p>And then he proceed to argument that in many times that apparently the world would end, the market had some big crashes and then recovered and everyone was fine. </p> <p>This made me think about the whole situation we are now. I mean, there's Putin going berserker at Ukraine, Biden saying that Putin certainly will attack it, interest rates going up, COVID has a new variant, truckers at Canada and Trudeau being mad...... basically, we are all gonna die.</p> <p>Or maybe we are not gonna die and we'll be fine. We might even be missing some buying opportunities. </p> <p>To finalize this post, I'd like to quote Peter Lynch again: </p> <p><a href="https://preview.redd.it/c7eolmbllqi81.png?width=850&amp;format=png&amp;auto=webp&amp;s=585f1db16cf74e02ca9da7ae632be98866d0322e">https://preview.redd.it/c7eolmbllqi81.png?width=850&amp;format=png&amp;auto=webp&amp;s=585f1db16cf74e02ca9da7ae632be98866d0322e</a></p> <p>We will all be fine. Just turn off the TVs and analyze this situation clearly.</p> <p>Wish you all best and sorry for any english mistakes, its not my first language.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Professional_Desk933"> /u/Professional_Desk933 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sw3sc9/you_guys_arent_seeing_things_clearly/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sw3sc9/you_guys_arent_seeing_things_clearly/">[comments]</a></span> </td></tr></table>Kind Regards R
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