Man Group’s analysis of U.S. equity drawdowns from 1926 to 2025 reveals that while drawdowns are inevitable, their characteristics—such as duration, depth, and intensity—vary significantly. The study emphasizes that most drawdowns are short-lived, with 74% lasting less than a year, and highlights the psychological challenges investors face during these periods. 

Given drawdowns are inevitable and will cause pain, Henry Neville shares five things to think about beforehand.