Volatility is a given when investing on Wall Street. Since the start of 2020, investors have navigated their way through two very different bear markets and enjoyed a period of virtually uninhibited exuberance. For the growth-driven Nasdaq Composite (NASDAQINDEX: ^IXIC), this volatility translated into a period of record highs in 2021, followed by a drawdown of up to 38% in 2022.

Although the Nasdaq Composite has rallied strongly from its 2022 bear market low, it's still roughly 15% below its November 2021 closing high. While some investors might view its recent performance as disappointing, history shows that this decline represents a surefire buying opportunity. Every notable decline in the major stock indexes (including the Nasdaq) has eventually been put into the rearview mirror by a bull market -- and the 2022 bear market will be no different.

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Source Fool.com