My market behaviour in the mid-2000s was an obsession with market conditions that could lead up to a market collapse (derivatives, housing, etc) and I eventually sold almost everything and kept only cash rich companies that would take advance of a possible market collapse. (BRK, Loews, Fairfax Financial, Markel, Apple, etc). In the end only BRK acted on the opportunities. Even Loews got defensive. Basically cash was king, not owning cash rich companies.
My market behaviour this past spring was to completely ignore the pandemic’s effects. I made zero trades and only even looked at the brokerage accts maybe once over about six or seven months from January on.
Funny though, now with the rapid market recovery and the huge amount of money printing, government borrowing and the central bank interventions I’m back to dwelling on the ramifications and risk/opportunity of a future panic.
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