Mauboussin’s Checklist For Reacting To Sudden Price Drops

Credit Suisse global financial strategies head Michael Mauboussin has put together a checklist to make your first reaction to falling prices rational instead of reactionary Value investors will tell you that if you can’t stomach volatility, you shouldn’t be managing your own investments, but if you don’t have a plan for what to do when one of your positions starts falling like a knife you’re setting yourself up for failure. To help investors make quick, rational decisions in the face of a sudden drop Credit Suisse managing director and head of Global Financial Strategies Michael Mauboussin has put together an…