
Peter Lynch was once quoted as saying, "In the stock market, the most important organ is the stomach. It's not the brain." Lynch believed that the ability to manage one's emotions and stay the course, even during tumultuous times, was a more valuable commodity in the world of investing than mere analytical ability or intelligence. Regular readers will know I strongly agree with him. I look to controlling emotion first in most stressful situations, not least investing. We will dissect this a little later, but let’s look at the facts.
Things Are Looking Really Bad