Time in the market vs Timing the market

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
#26
(17-10-2022, 12:06 PM)weijian Wrote: ..

However, I do take issue with his Apple's example because it is clouded by survivorship bias and just a single data point. One can ask the current investors of Covid winners (Zoom/Pelaton) or Chinese mega TECH in 2021 whether they should time the market (better than they did) in terms of buy/sell, and I suspect most of them may give a "silent nod".

..

Give credit where credit is due, when people display great foresight (e.g., with regards to buying Apple early, and holding it through thick and thin, irregardless of market noise). They deserve their success. And credit where credit is due, where investors saw the writings on the wall when they divested early (e.g., with regards to Chinese tech, when the tide of politics turned against them).

Buy-and-hold cannot substitute due diligence and insights.
“If you buy a business just because it’s undervalued, then you have to worry about selling it when it reaches its intrinsic value. That’s hard. But if you can buy a few great companies, then you can sit on your ass. That’s a good thing.” - Charlie Munger
Reply


Messages In This Thread
RE: Time in the market vs Timing the market - by Wildreamz - 17-10-2022, 02:22 PM

Forum Jump:


Users browsing this thread: 1 Guest(s)