One of the most life changing moments I had was back in 2008, working as a stock analyst at Morningstar while the market was crashing. Everything I learned at university and through reading books was thrown out the door. It wasn’t so much the fact that the market was crashing. There had been similar crashes previously. It was more a case of the ongoing, continuous destruction of value and the fallout particularly among retail investors who had over committed during the good times.