“Investors need to learn how to do exactly the reverse of what their fight-or-flight mechanism is telling them to do,” Blodget told me. “When the market crashes, that is the time to get excited and put your money into it. It’s not the time to get scared and pull money out. What you see instead is the more the market drops, the more money comes out of it. Normal investors are obliterated, because they continuously do exactly the wrong thing.”
