Commentary 
It gets stated that “bears are like a ‘broken clock,’ they are right twice a day.” While it may seem true during a rising bull market, the reality is that the “broken clock syndrome owns both “bulls” and “bears.”
The statement exposes the ignorance, or bias, of those making such a claim. If you invert the logic, such becomes clear.
“If ‘bears’ are right twice a day, then ‘bulls’ must be wrong twice a day.”
In the game of investing, it is the timing of being “wrong” that is most critical to your long-term goals. As discussed recently in “The Best Way To Invest.”…