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Buffett advises against trying to time the market from "summary" of Warren Buffett's Ground Rules by Jeremy Miller
Warren Buffett has long been vocal about his belief that trying to time the market is a fool's errand. He has consistently advised against attempting to predict short-term fluctuations in stock prices, as he believes that it is impossible to consistently predict market movements with any degree of accuracy. Instead, Buffett advocates for a long-term investment strategy that focuses on the fundamentals of the companies in which one invests. Buffett's rationale for avoiding market timing is rooted in his belief that the stock market is inherently unpredictable in the short term. He argues that attempting to time the market based on short-term fluctuations is akin to gambling, as it is impossible to consistently predict which way the market will move. Buffett instead emphasizes the importance of focusing on the long-term prospects of a company,...
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