Let’s face it.
Some investors just do better than others
There are several arguable reasons why, ranging from picking better stocks to keeping their expenses low to optimizing their portfolios’ allocations. More than anything, though, the world’s most successful investors don’t try to do the one thing they know they can’t do reliably well enough. That’s timing the market.
Discouraging data What’s market timing? Simply put, it’s an effort to regularly buy low and then sell high. Rather than holding periods measured in years that ride out any interim ebbs and flows, market timers aim to capitalize on those ebbs and flows by selling at peaks and buying at bottoms.