Market timing is risky from "summary" of The Dao of Capital by Mark Spitznagel
Market timing is the art of trying to predict the direction of the market in order to buy low and sell high. This strategy is appealing to many investors, as it promises the potential for high returns in a short amount of time. However, the reality is that market timing is a risky endeavor that often leads to losses rather than gains. The problem with market timing is that it relies on the ability to accurately predict the future movements of the market. This is a difficult task, as the market is influenced by a myriad of factors that are constantly changing. Attempting to time the market based on these factors is akin to trying to predict the outcome of a coin toss - it i...
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