Buy the dip: The trend that keeps stocks from crashing (Economist article)

Here's the article (bypasses paywall): [https://archive.ph/41xUo](https://archive.ph/41xUo)

Another angle that I thought of after reading the article is as follows:

Retail investors of today may be considerably younger than in the past. (I don't have stats to back this up.) Many therefore may not have experienced a prolonged, grinding bear market like the dot-com bust (2000-2002) or the Great Financial Crisis (2007-2009). They may have only experienced brief drawdowns like March 2020 or late 2022, followed by fast recoveries, often aided by massive fiscal or monetary stimulus. This pattern can reinforce the illusion that every dip is a buying opportunity and that patience is always rewarded quickly.

Thoughts?