They made their chicken wear red eyeglasses! The red eyeglasses tricked the chicken from seeing the red colour of the blood, thus reducing pecking and even cannibalism. These red eyeglasses based on history simply let us know that a 10-20% temporary fall is almost a given every year. Assume, once we wear the new metaphorical red lens, the 10-20% temporary decline that occurs almost every year becomes invisible when it comes to our portfolio decisions. If the equity market falls by ~20%, move 20% of Y into equities; if the equity market falls by ~30%, move 30% of Y into equities; if the equity market falls by ~40%, move 40% of Y into equities; if the equity market falls by ~50%, move the remaining portion from Y into equities.

Source: Mint May 30, 2021 15:45 UTC