Aug 21, 2018
Is it better to right too early or be wrong too late. If you've been listening to Danielle Park for any length of time then you know she believes that it's the former, not the latter. While she's been sitting on the sidelines for quite a while, the market has done nothing but go up. But at some point it's going to revert to the mean and that means a potentially huge correction that could potentially wipe out years of paper gains. Better to be proactive and avoid potentially devastating losses, even if it means missing out on large temporary gains.