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It's best to avoid timing the market. It could do up x% on Monday or down y%. The people driving the real volume know way more than you or I.
by robjan 7y ago
It's best to avoid timing the market. It could do up x% on Monday or down y%. The people driving the real volume know way more than you or I.
- vikramkr 7y agoThe performance of actively managed hedge funds would disagree with that. Doesn't seem like anyone can manage it consistently https://www.cnbc.com/2019/03/15/active-fund-managers-trail-the-sp-500-for-the-ninth-year-in-a-row-in-triumph-for-indexing.html https://www.cnbc.com/2019/03/15/active-fund-managers-trail-t...
- AznHisoka 7y agoYep people like to distinguish between “dumb money” and “smart money” but the truth is there is no such thing as smart money.
- deleted 7y ago[deleted]
- vikramkr 7y agoI agree theres nonsuch thing as smart money, but there probably is a distinction between dumb and not dumb money - like someone putting a part of their savings in an index fund versus someone putting their entire net worth on far out of the money AMD calls