--- title: "Meaning & Key Takeaway of: Bear Market Begin Bear Market End Max DD…" description: "\"“Bear Market Begin Bear Market End Max DD Sept 1929 June 1932 -86.25 July 1933 March 1935 -33.9% March 1937 March 1938 -54.5% Nov 1938 April 1942 -45.8..." image: "https://sms4smile.com/quotes/i/3e0/andrew-abraham-166674_investing_bear-market-begin-bear-market-end-max-dd_835998.jpg" --- # Bear Market Begin Bear Market End Max DD Sept 1929 June… ![“Bear Market Begin Bear Market End Max DD Sept 1929 June 1932 -86.25 July 1933 March 1935 -33.9% March 1937 March 1938 -54.5% Nov 1938 April 1942 -45.8% May 1946 June 1949 -29.6% July 1957 Oct 1957 -20.6% Dec 1961 June 1962 -28% Feb 1966 Oct 1966 -22.2% Oct 1968 May 1970 -34% Jan 1973 Oct 1974…” quote by Andrew Abraham](https://sms4smile.com/quotes/i/3e0/andrew-abraham-166674_investing_bear-market-begin-bear-market-end-max-dd_835998.jpg) [Download](https://sms4smile.com/quotes/i/3e0/andrew-abraham-166674_investing_bear-market-begin-bear-market-end-max-dd_835998.jpg) [Open image](https://sms4smile.com/quotes/i/3e0/andrew-abraham-166674_investing_bear-market-begin-bear-market-end-max-dd_835998.jpg) > ““Bear Market Begin Bear Market End Max DD Sept 1929 June 1932 -86.25 July 1933 March 1935 -33.9% March 1937 March 1938 -54.5% Nov 1938 April 1942 -45.8% May 1946 June 1949 -29.6% July 1957 Oct 1957 -20.6% Dec 1961 June 1962 -28% Feb 1966 Oct 1966 -22.2% Oct 1968 May 1970 -34% Jan 1973 Oct 1974 -48.2% Sept 1976 March 1978 -19.4% Nov 1980 Aug 1982 -27.1% Aug 1987 Dec 1987 -40.4% July 1990 Oct 1990 -21.2% Mar 2000 Oct 2002 -49.1% June 2008 Mar 2009 -54% Average Bear Market: -37.3% Buy and Hold since 1942 Compounded Annual Rate of Return: 8.03% Maximum Draw down: 54% Prior to this decade’s two severe bear markets, most investors believed that only that the stock market can go up.”” Andrew Abraham ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Historical bear market data shows frequent severe downturns, challenging the belief that markets only rise. **In simple terms:** Markets have many severe drops, not just rises. Key Takeaway Invest with caution and anticipate downturns. Themes finance history risk investment market cycles Mood cautious analytical realistic Type Customer:0 Investing:1 Stock market:1 Bear Market:1 Bear Markets:1 Average Bear:0 Begin Bear:0 When to use this quote - investment strategy - financial education - portfolio planning Key Concepts bear markets economic cycles historical analysis risk management Questions to Reflect On - How will you protect your investments from downturns? - What patterns do you see in market history? 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