A fundamental tenet of being "unperturbed" is distinguishing between volatility and actual risk:
: Maintaining a cash reserve allows investors to act when volatility drives the prices of high-quality assets down. unperturbed by volatility pdf 2021
: Rather than following a rigid plan, investors may dynamically rebalance their portfolios—selling high-performing assets to buy those that have dipped—to maintain their desired risk level. Psychological Resilience and Behavioral Finance A fundamental tenet of being "unperturbed" is distinguishing