10 Lessons from the 2008 recession for 2021

Paul Naha-Biswas, CEO and founder of Sixley
|Jan 24|magazine1 min read

10. Markets recover

And finally, it’s always important to remember that no matter how bad things seem now, markets will always recover. The Great Depression took ten years but eventually bounced back. In 2008, just a few days after the Lehman Brothers collapsed, the stock market recovered by about 13%.

We must look at the situation as one of opportunity. There are new advantages, for example businesses have never had such a large and diverse talent pool to recruit from.

American investor Warren Buffett once said: “someone is sitting in the shade today because someone planted a tree a long time ago.” Today, we must plant the trees that will bear the fruits for our future.