Institutions: Reacting to severe market fluctuations can be a costly mistake

ChainCatcher news, Thomas Gruener, founder and vice chairman of Gruener Fisher Investments, stated that historical evidence shows that reacting to extreme volatility is often a mistake and can be a costly one. "We firmly believe that the most important approach is the same: stay calm." He also mentioned that it is not important to distinguish whether the market is currently in a correction phase or just experiencing extreme volatility. (Jin Shi)