Short excerpt from a YouTube video by Kosta Ouzas arguing that market drawdowns, corrections, and bear markets should be treated as opportunities to buy inventory (assets) at discounted prices. The speaker emphasizes preparation (having capital/credit ready) and that their algorithm is optimized to perform in flash crashes and fear-driven market conditions.
Chapters
The whole game is buying inventory. You have to have inventory if you're gonna run a business. You need inventory. So when prices go down, that's a good thing. When there's a bear market, everybody gets scared of the bear market. The bear market is like going to the, the flea market or to the wholesale or the liquidators. Like you're going to the, to get the best prices of the, of the three years. It's like go shopping, get your, get your credit cards out, get your, get your account account the money ready. So when we have drawdowns or bear markets or corrections, those are just opportunities to pick up inventory, sometimes at deep discounts, not just wholesale, just like fire sale. So you want to be ready when those happen and that's when we make our most money. Because our algorithm is designed to perform extremely efficiently in flash crashes or in periods where fear is too strong, too great.