Is volatility actually a long-term investor's best friend?
Rapid and violent market swings feel uncomfortable to most, but as a long-term investor you have to learn how to stomach them and maybe even appreciate them - like some enjoy the scary rollercoaster rides in amusement parks, according to M&G's John William Olsen.
Volatility is, in fact, the long-term investor's best friend. It can provide exciting entry prices in great companies where the underlying fundamentals are often much more stable than their stock price....
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