A good bit of advice from Barry Ritholtz over at The Big Picture, regarding how to invest during a crisis:
The time to look for the emergency aisles and where the exits are located is before takeoff, not after the wings fall off the plane.
Sources:
Black Swans, 100 Year Floods
Barry Ritholtz – The Big Picture
http://www.ritholtz.com/blog/2011/03/black-swans-100-year-floods/
Great post. Can’t wait to read the next ones 🙂
Thanks!