As veteran Dow Theory theorist Richard Russell often points out, in a bear market when most other asset classes are falling, those holding only cash are
participating in a bull market in cash.
In addition, quality strategies held up well in bear markets and although their performance lagged in bull markets, they nonetheless
participated in bull market rallies (such as 2003 and 2004).
Not exact matches
One benefit of traditional «buy and hold» investing is the ability to fully
participate in all upside gains of
bull markets.
Preparing
in advance is the key to weathering a bear — and
participating in the next
bull market.
That said, the problem is not
participating in latter - stage
bull markets with extreme overvaluation and / or exaggerated exuberance.
Participating in only three quarters of gains can be frustrating for some investors; one way to limit the risk of lagging
in bull markets is to combine Low Volatility with different equity factors.
In 2014, I talked about the best way to participate in a late - stage bull marke
In 2014, I talked about the best way to
participate in a late - stage bull marke
in a late - stage
bull market.