... author of A Random Walk Down Wall StreetBestselling author of Winning the Loser’s GameTHE ELEMENTS OF INVESTING MMAALKIEELLEELLISSTHE ELEMENTS OF INVESTING In his classic book The Elements ... 126forecasts, 77– 78 impact, costs, 37– 38 meltdowns (20 08- 2009), 59recovery, 82 risksacceptance, 110age-related tolerance, 1 08 second-guessing, cost, 84 trough, 82 volatility, 68 example, 62Moneydoubling, ... 67rationale, 62, 64returns, increase, 87 88 success, secret, 75, 106–107timing, 13Investorsallocation, 68 distress, 87 return (increase), rebalancing (usage), 68 bindex.indd 149bindex.indd 149...