I took this weekend to draw up a list of stocks that would buy should there be a massive drawdown in the market. They are what I think are fundamentally sound and could be massively mispriced in a bear market.
I will not talk too much about them but would like to hear your comments as to whether I am missing out on other gems, how much these stocks would likely go down by.
For each stock I highlighted their respective drawdown during the 2007 Dec to 2009 Jun recession. If you think the so called blue chips will stand the test of time, the answer is yes and no. All of then suffer huge drawdown from 40% to 75% but they also bounce back strongly. The question is will you get spooked.
Hsu Fu Chi
For those interested in tracking my most current holdings, you can review my portfolio over here. Learn to use our Free Stock Portfolio Tracking Google Spreadsheet to track stock transactions.
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