It's easy to declare that volatility brings opportunity, but putting this principle into practice is easier said than done. Yet, with a well-considered plan in place, riding out the market's down cycles can be a breeze, or at least less of an emotional maelstrom.

If you have $10,000 to invest and a bear market strikes (this might be informally defined as a broad-market drawdown of at least 20% from the prior peak), you'll be better off financially and mentally if you prepared for it beforehand.

With that in mind, let's tap into a legendary investor's knowledge base, and then add a smattering of tried-and-true defensive picks, to keep your portfolio going when the going gets tough.

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Source Fool.com