2020 Stock Market Crash

During the 2020 stock market crash, we let clients know what we thought, asking to keep calm and distant from the market dynamics. The highest priority is not to get caught by the rise in perceived ambiguity due to the significant movement of the market price. It was March 26, 2020, and we told it was almost time to turn constructive.

We do not predict the market price, but the extreme situation like that is a typical opportunity. However, calling the bottom or the peak is quite tricky and a low probability trading game. So for the long term fundamental portfolio, it should be kept minimum, and the market timing should not be used to generate value-added.

People lose objective judgment when perceived uncertainties dominate. We share why we think so based on our independent analysis, not others’ ideas.