Over the last 100 years there have been 29 serious stock market corrections, with declines averaging 31.6%. There were ten in which the declines averaged 49.4%. In those, investors lost half of their invested assets. Yet, in the upside of every cycle, the endurance of the bull market transports investors into a state of confidence where they believe this time will be different. The record-breaking bull market of the 1990s certainly has had that effect, the excitement enticing investors into the market as never before, carrying them away on a euphoric wave of confidence that they've discovered something new, a risk-free money machine.
History shows otherwise. Eighty percent of public investors wind up losing money in the stock market over the long term, because few emerge financially intact from the periodic bear markets. Riding the Bear is aimed at ending that vicious cycle for its readers. It explains clearly why bear markets are inevitable, why the next one is just around the corner, and will be the longest and most severe since 1929.
But Riding the Bear is not just about bear markets. Readers learn how to maximize profits in a bull market, and unlike buy and hold investors, keep those profits, and go on to make more in bear markets. It introduces a simple, mechanical system, discovered during the research, that over the last 35 years would have almost tripled the gain of a buy and hold strategy, and with half the risk. It should work for the next 35 years.
Riding the Bear also reveals the truth about Wall Street, its misleading propaganda and deceptions, and teaches its readers to be street smart. As subscribers to Sy Harding's Street Smart Report have come to expect, Riding the Bear tells it like it is, in plain English. Just two chapters "Public Investors versus Wall Street" and "What Causes Bear Markets" are more than worth the price.