Over the long run, Wall Street is a playground that allows optimists to profit handsomely. But over shorter timelines, the stock market is an unpredictable battleground that pits bulls and bears in a seemingly unrelenting tug-of-war.

Since the start of 2020, the three major stock indexes have oscillated between bull and bear markets on a couple of occasions. Though this volatility can, at times, be unnerving for everyday investors, history shows that pullbacks represent an opportunity for long-term-minded investors to buy stakes in high-quality businesses at a discount.

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Source Fool.com