The author argues that long-term investors should view stock market crashes as buying opportunities rather than reasons to panic. He emphasizes that the S&P 500 has historically delivered ~10% average annual returns over 98 years and ~15.3% over the past 10 years, making continued investment during downturns a sound strategy for those with multi-year investment horizons.
Axe note: Crashes can offer rare entry points for investors in JSE stocks and the rand.