Legendary investor Peter Lynch’s old video resurfaces, offering insights on market crashes as global markets experience sharp volatility. Lynch emphasizes that downturns are opportunities, not reasons to panic. He notes that in the past 93 years, markets have seen around 50 declines of 10% or more. Lynch advises investors to see market crashes as chances to buy quality companies at lower prices. He cautions against market timing, stating that understanding businesses and patience are key to successful investing. Lynch’s message highlights that downturns are part of market cycles and should be embraced by informed investors for long-term gains.

Read more at Yahoo Finance: ‘Markets Go Down, Sometimes They Go Down A Lot. If You Are Not Ready For This, You Shouldn’t Own Stocks’