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Charles D. Ellis
Charles D. Ellis
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Author of "Winning the Loser's Game" and chairman, Yale University investment committee

You should do nothing, absolutely nothing with investments.

You can hold your spouse's hand, and that would be fine. Or go where you would normally go if you were grieving about something. But in general, "Don't just do something, stand there."

The worst time for action is a period of distress - those are the periods when we make mistakes.

NEXT: Robert Arnott

Last updated April 28 2008: 1:20 PM ET
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