Between 2020 and 2024, such investors have exhibited more detrimental trading behavior than before Covid, taking riskier bets and trading more inefficiently by trying to time market tops and bottoms.
Merton, Robert C. "On Market Timing and Investment Performance Part I: An Equilibrium Theory of Value for Market Forecasts." Journal of Business 54, no. 3 (July 1981): 363–406.
Check out the full story here: Market Timing Has Picked Up Since Covid. It Has Cost Investors Dearly. Research finds investors in all categories of active funds have been trying to buy low and ...
Market timing for fun and profit! Now that sounds good, right? Who wouldn’t want to have fun while making a profit? In the investment world, that’s the siren song of the market timer.
A little-known market timing indicator with a spot-on track record has just flashed a “dead cold sell” signal. The indicator appears in the Value Line Investment Survey, published weekly by ...
Think you can predict when to get in or out? History shows otherwise — market timing often fails, even for the pros. For most investors, the advice is simple — staying invested is far more ...
Even worse, pundits often promote market-timing strategies. They draw arbitrary lines on charts to explain when it's time to buy or sell, and it often sounds very sophisticated. But the data is ...