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Historically, timing the dips does not work out, but maybe if everyone is thinking that way the strategy could work.
by njarboe 9y ago
Historically, timing the dips does not work out, but maybe if everyone is thinking that way the strategy could work.
- imtringued 9y agoIf timing the dips would work consistently there wouldn't be any dips because everyone would take the risk free return until there is no risk free return left.
- njarboe 9y agoOf course not consistently. Just, if something becomes conventional wisdom in investing all of a sudden, there might be contrarian opportunities for a little while.