You should never waste a crisis, but wait until the fog has lifted (The Aust 28/03/20)

This period of a market driven by COVID-19 pandemic swings is no exception. The most asked question is “are we there yet … when should we start buying?”

In short the answer is “not yet”. While I agree wholeheartedly with the saying “never waste a good crisis”, I will be waiting on the sidelines until we see the volatility dissipate. You might reasonably ask: why wait?