The swift transition of markets from correction to bear territory underscores the importance of examining historical performances. Much of this decline is driven by underlying fundamentals rather than recent trends of buying the dip. The severity of recessions and starting valuations typically dictate the size of market declines. Historical instances during high inflation periods, such as the events of 1974, illustrate how nominal drawdowns can be exacerbated. Investors should study past bear markets to better understand current trends and their implications. Such preparation equips traders and investors to navigate challenges ahead competently. Awareness of these patterns is essential for effective investment strategy formation.