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Don't try to time the market from "summary" of The Little Book That Beats the Market by Joel Greenblatt
The concept of trying to time the market is a common mistake that many investors make. This involves attempting to buy stocks when they are at their lowest and sell them when they are at their highest. The problem with this approach is that it is extremely difficult to predict the movements of the market with any degree of accuracy. In fact, most investors who try to time the market end up losing money in the long run. One reason why market timing is so difficult is that stock prices are influenced by a wide variety of factors, many of which are unpredictable. These factors can include economic indicators, political events, natural disasters, and even investor sentiment. Trying to account for all of these variables and predict how they will impact the market is nearly impos...
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