We know this week has been a rough one. So today’s Vitamin C is focused on providing some perspective.

• Interview with Michael Farr, president and chief investment officer at Farr, Miller & Washington

“We go back to our experience in 1997…the people that really got hurt sold out at the bottom…Emotion is the foe of the long-term investor.”

This past week, NPR conducted an interview with Farr and discussed recent market events and why investors shouldn’t be panicked. You can listen to the entire interview by clicking here.

• John C. Bogle; Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor

“Investors, professional and individual, are not ignorant of the lessons of history; rather, they are unwilling to heed them. Too many portfolio managers, investment advisors, and securities brokers, and too many mavens of the financial press and television (perhaps for obvious reasons) thrive on short-term forecasts, expected market trends, and hot (and, with less frequency, cold) stocks. Thus, today’s overheated investment climate seems to demand urgent action, as in, ‘Act now, before it is too late.’”

“For most practitioners, market timing is apt to bring the opposite result: they are in the market for the dips, but out of the market for the rallies.”

• Shelby Davis, Davis Funds, Founder

“With the Dow around 13,000 rather than worry about the direction of the next 1,000 points, my advice is to stay focused on this reality: If the Index compounds at just 7% on average over the next 30 years, the Dow would increase seven-fold to over 98,000.”