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Focus on longterm investing, not market timing from "summary" of The Intelligent Investor by Benjamin Graham
The intelligent investor knows that attempting to time the market is a fool's errand. Market timing relies on the ability to predict short-term fluctuations in the stock market, a task that even the most experienced investors struggle with. Instead of trying to guess when the market will rise or fall, the intelligent investor focuses on long-term investing. By taking a patient and disciplined approach to investing, one can avoid the pitfalls of market timing and achieve success in the long run. Long-term investing involves holding onto investments for an extended period of time, allowing them to grow and compound over time. This strategy is based on the principle that the stock market tends to rise over the long term, despite short-term fluctuations. By staying invested in the market for the long haul, investors can benefit from this upward trend and build wealth over time. One of the key advantages of long-term investing is the ability to weather market downturns. Wh...
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