The market is a crowd pretending to be a calculator
Over 20 years, missing just the 10 best days in the market roughly halves your final return. And most of those best days happen within two weeks of the worst ones, in the very heart of the panic. The market's greatest generosity hides inside its greatest fear. It's not a calculator. It's a crowd holding a calculator with trembling hands. An anchor dissection of the 'Markets' rubric: why price is a consensus of emotion in the costume of math, and where the crowd finally stops lying.