It's easy to put it in the back of your mind when it seems like all stocks do is rise but it's a question of when, not if, the next bear market will hit. No one can predict when they will strike but periods of rising stock prices are eventually followed by periods of falling prices. That's how these things work. The goal is to be prepared before it happens, not after. Here's a piece I wrote for Bloomberg on how to think about risk during the inevitable bear market.
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