I second the above thoughts. Especially when market turns downside or steep correction or bear phase - many lose interest and get demotivated with I told you statements. However avoid panic, peer comments but be very careful not to catch falling knife. Stick to value investing principles, have patience. One personal experience is that for not so aggressive investors, I mean part time or with job kind of investors, if the exposure to equity is not very high, within ignorable limits then it gets easier to be relaxed. However for an investor having more than 25% exposure to equity will create some sleepless nights for sure. Even top fund managers get nervous when their value picks test new lows every other day !! I like S Naren interviews …somehow his talking style has a calming effect 