--- title: "A Message from our President: Mid-August Correction - Burney Investment Management" description: On average over time, market corrections occur roughly once every two to three years, making the extended period until last week without one unusual. Three things are important to remember during stock market panics. First, these are completely ordinary market events that serve the usual purpose of chasing less committed equity investors to the sidelines. ... --- [Skip to content](https://burneyinvest.com/blog/mid-august-correction#main-content) [![Burney Investment Management](https://burneyinvest.com/hs-fs/hubfs/theme/Burney_Invest_Color_Horizontal_%232b.png?width=300&height=110&name=Burney_Invest_Color_Horizontal_%232b.png "Burney Investment Management")](https://burneyinvest.com/) - About - [Company Overview](https://burneyinvest.com/about) - [Burney Difference](https://burneyinvest.com/the-burney-difference) - Strategies - [Size & Style Responsive](https://burneyinvest.com/strategies/size-style-responsive-ssr/) - [The Burney Master Portfolio](https://burneyinvest.com/strategies/the-burney-master-portfolio/) - [Personalized Portfolios](https://burneyinvest.com/strategies/personalized-portfolios/) - [Stock Selection](https://burneyinvest.com/strategies/stock-selection/) - [Team](https://burneyinvest.com/team) - [Resources](https://burneyinvest.com/blog) - [Get In Touch](https://burneyinvest.com/contact) 8.25.2015 # A Message from our President: Mid-August Correction [Andy Pratt, CFA](https://burneyinvest.com/blog/author/andy-pratt-cfa) ![](https://20453469.fs1.hubspotusercontent-na1.net/hubfs/20453469/Theme/dots_y4.svg) ##### Popular Posts [How to Read VIX and VIX Term Structure](https://burneyinvest.com/blog/how-to-read-vix-and-vix-term-spread) [What Happened in the Stock Market Yesterday?](https://burneyinvest.com/blog/what-happened-in-the-stock-market-yesterday) [Performance Matters - 7 Steps Toward More Effective Investing](https://burneyinvest.com/blog/performance-matters-7-steps-toward-more-effective-investing) On average over time, market corrections occur roughly once every two to three years, making the extended period until last week without one unusual. Three things are important to remember during stock market panics. First, these are completely ordinary market events that serve the usual purpose of chasing less committed equity investors to the sidelines. Second, in time stocks will completely recover their lost ground, so anticipating that recovery should be our focus now. Which leads to the final important point, and that is the fact that market panics create exploitable opportunities. The most obvious opportunity is to rebalance asset mixes back to target allocations, which means selling some stable assets and plowing those funds into temporarily depressed stocks. Another similar opportunity is to rebalance equities toward the ones with best recovery potential. The types of stocks that selloff the most during a panic are the same ones that rebound the most vigorously during recoveries. This creates a relatively brief but highly attractive trading opportunity. There are other more aggressive responses as well, but these first two opportunities should be exploited first. Our ambition should be to come out well ahead when this stock market panic/recovery cycle completes its course. Lowell D. Pratt Jr., CFA ![Lowell_Sig_Clear](https://burneyinvest.com/hs-fs/hubfs/Imported_Blog_Media/Lowell_Sig_Clear.png?width=150&height=36&name=Lowell_Sig_Clear.png)   --- *The Burney Company is an SEC-registered investment adviser. Burney Wealth Management is a division of the Burney Company. Registration with the SEC or any state securities authority does not imply that Burney Company or any of its principals or employees possesses a particular level of skill or training in the investment advisory business or any other business. Burney Company does not provide legal, tax, or accounting advice, but offers it through third parties. Before making any financial decisions, clients should consult their legal and/or tax advisors.* ## Articles you may enjoy 08.27.14 #### [Lowell’s Take: Shiller CAPE Ratio](https://burneyinvest.com/blog/lowell-take-cape) [![](https://20453469.fs1.hubspotusercontent-na1.net/hubfs/20453469/Theme/circle_right.svg)](https://burneyinvest.com/blog/lowell-take-cape) 09.25.14 #### [Yield Curve: The Bull has a Ways to Run](https://burneyinvest.com/blog/yield-curve-bull-market-has-ways-to-run) [![](https://20453469.fs1.hubspotusercontent-na1.net/hubfs/20453469/Theme/circle_right.svg)](https://burneyinvest.com/blog/yield-curve-bull-market-has-ways-to-run) 10.15.15 #### [These 6 Charts Show Why the U.S. is Not Heading for a Recession](https://burneyinvest.com/blog/us-not-heading-towards-recession) [![](https://20453469.fs1.hubspotusercontent-na1.net/hubfs/20453469/Theme/circle_right.svg)](https://burneyinvest.com/blog/us-not-heading-towards-recession) ![](https://burneyinvest.com/hubfs/theme/burney-invest-logo-white-1-1.png) - [Size & Style Responsive](https://burneyinvest.com/strategies/size-style-responsive-ssr/) - [Burney Master Portfolio](https://burneyinvest.com/strategies/the-burney-master-portfolio/) - [Personalized Portfolios](https://burneyinvest.com/strategies/personalized-portfolios/) - [Stock Selection](https://burneyinvest.com/strategies/stock-selection/) - [About](https://burneyinvest.com/about) - [Team](https://burneyinvest.com/team) - [Resources](https://burneyinvest.com/blog) - [Contact](https://burneyinvest.com/contact) **Headquarters** 1800 Alexander Bell Dr. STE 510 Reston, VA 20191 Advisory services are offered through the Burney Company, an investment advisor registered with the U.S. Securities & Exchange Commission. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the advisor has attained a particular level of skill or ability. © 2026 Burney Wealth Management | [Research](https://burneyinvest.com/research) | [Privacy Statement](https://burneyinvest.com/privacy-policy) | [Terms & Conditions](https://burneyinvest.com/terms-and-conditions) | [Disclosures](https://burneyinvest.com/disclosures) | [ADV](https://44214779.fs1.hubspotusercontent-na1.net/hubfs/44214779/Burney%20Company%20ADV%20Part%202A%20IM%2026%20REV.pdf) | [Form CRS (ADV Part 3)](https://44214779.fs1.hubspotusercontent-na1.net/hubfs/44214779/Burney%20Company%20Form%20CRS_March%202026.pdf) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Andy Pratt, CFA", "url" : "https://burneyinvest.com/blog/author/andy-pratt-cfa" }, "dateModified" : "2024-04-29T14:37:23.090Z", "datePublished" : "2015-08-25T12:44:51.000Z", "headline" : "A Message from our President: Mid-August Correction - Burney Investment Management", "mainEntityOfPage" : { "@id" : "https://burneyinvest.com/blog/mid-august-correction", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://burneyinvest.com/hubfs/theme/Burney_Invest_Color_Horizontal_%232b.png" } } } ```