So we hear the mantra, you can't time the market , blah blah blah, but if you look at the behavior of fairly successful folks , many did exactly that, Buffet increased his holding in a bunch a companies right after the 2007-08 crash, Marc Cuban did similar in the aftermath of the Dot.com bubble.
I understand you can't time the market exactly (sell at the highest, buy at the lowest or vice versa if shorting..), but you seldom need to do that. I suspect you just need to be aware of pending changes, plenty of historical and recent data can point you to shifting global local economic conditions, you just need to be aware of these. Sure sometimes you may be off by a large amount of time like Michael Burry in the Big short .. but then eventually the trend manifests itself.. Isn't this all a form of timing the market (Economy).
Submitted January 26, 2020 at 09:02PM by abrandis https://ift.tt/2O1WxAM
