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From what I've read and been told, timing the market is
Posted on: November 10, 2016 at 10:19:12 CT
JeffB MU
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damn near impossible for even the top experts.
If one could do it they could become very wealthy. But most fail at it.
Even in picking individual stocks the experts did more poorly than a monkey throwing darts at a board in one famous study.
I am no fan of Keynes, but I think he did get one thing right... ~"The market can remain irrational longer than you can remain solvent."
I think that would apply to most situations of trying to short individual stocks or the market.
One major element of risk is the elephant in the room... the Federal Reserve. Others include our own government & other central banks around the world.
If one could do it they could become very wealthy. But most fail at it.
Even in picking individual stocks the experts did more poorly than a monkey throwing darts at a board in one famous study.
I am no fan of Keynes, but I think he did get one thing right... ~"The market can remain irrational longer than you can remain solvent."
I think that would apply to most situations of trying to short individual stocks or the market.
One major element of risk is the elephant in the room... the Federal Reserve. Others include our own government & other central banks around the world.
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From what I've read and been told, timing the market is - JeffB MU - 11/10 10:19:12