Comments on: Stock Market Strategy: Market Timing Based On Long Term Views http://thesmarterwallet.com/2010/stock-market-strategy-market-timing-long-term/ Money Tips, Consumer News and Product Reviews To Improve Your Finances Tue, 07 Feb 2012 05:52:20 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Jacob http://thesmarterwallet.com/2010/stock-market-strategy-market-timing-long-term/#comment-31943 Jacob Sat, 08 Jan 2011 21:54:11 +0000 http://thesmarterwallet.com/?p=11436#comment-31943 Wow, what a great article! For several years I've read that you shouldn't try to time the market. After a few years of investing experience, I decided you definitely can time the market in the long term. You have eloquently and concisely explained exactly why you can. EMT is a bunch of crap! I'm surprised it was ever so widely accepted. I really hope a new model for investing does NOT come. Any time new insight into a trend or how the market works is made publicly available, the effect it has is diminished. Wow, what a great article! For several years I’ve read that you shouldn’t try to time the market. After a few years of investing experience, I decided you definitely can time the market in the long term. You have eloquently and concisely explained exactly why you can. EMT is a bunch of crap! I’m surprised it was ever so widely accepted. I really hope a new model for investing does NOT come. Any time new insight into a trend or how the market works is made publicly available, the effect it has is diminished.

]]> By: Stock Market Strategy: Market Timing Based on Long-Term Views | A Rich Life http://thesmarterwallet.com/2010/stock-market-strategy-market-timing-long-term/#comment-15243 Stock Market Strategy: Market Timing Based on Long-Term Views | A Rich Life Mon, 15 Feb 2010 12:43:05 +0000 http://thesmarterwallet.com/?p=11436#comment-15243 [...] Stock Market Strategy: Market Timing Based on Long-Term Views Published in February 15th, 2010 Posted by Rob in Community, Investing Strategy, Passive Investing, Value Indexing I recently posted a Guest Blog Entry at the Smarter Wallet blog entitled Stock Market Strategy: Market Timing Based on Long-Term Views. [...] [...] Stock Market Strategy: Market Timing Based on Long-Term Views Published in February 15th, 2010 Posted by Rob in Community, Investing Strategy, Passive Investing, Value Indexing I recently posted a Guest Blog Entry at the Smarter Wallet blog entitled Stock Market Strategy: Market Timing Based on Long-Term Views. [...]

]]> By: Weekly Wisdom: Passion and Personal Financial Freedom » The Online Investing AI Blog http://thesmarterwallet.com/2010/stock-market-strategy-market-timing-long-term/#comment-15211 Weekly Wisdom: Passion and Personal Financial Freedom » The Online Investing AI Blog Sun, 14 Feb 2010 09:55:06 +0000 http://thesmarterwallet.com/?p=11436#comment-15211 [...] Love is forever. So is investing.  Well, almost forever. A guest post at Smarter Wallet takes a look at long-term market timing. [...] [...] Love is forever. So is investing.  Well, almost forever. A guest post at Smarter Wallet takes a look at long-term market timing. [...]

]]> By: The Smarter Wallet http://thesmarterwallet.com/2010/stock-market-strategy-market-timing-long-term/#comment-15138 The Smarter Wallet Fri, 12 Feb 2010 05:59:30 +0000 http://thesmarterwallet.com/?p=11436#comment-15138 Let it be known that I used a different title so that the article can be found more easily via search :) . No disrespect to Rob's original title! Let it be known that I used a different title so that the article can be found more easily via search :) . No disrespect to Rob’s original title!

]]> By: Rob Bennett http://thesmarterwallet.com/2010/stock-market-strategy-market-timing-long-term/#comment-15132 Rob Bennett Thu, 11 Feb 2010 20:50:37 +0000 http://thesmarterwallet.com/?p=11436#comment-15132 <i>This is not “intriguing.” This is “lunacy. ”</i> I think it's worth pointing out here that the title that I used when submitting the Guest Blog Entry was "The Greatest Mistake Ever Made in the History of Personal Finance." I believe (and my opinion is based on eight years of experience debating these matters) that the reason why a good number feel a need to be abusive in discussing whether the Buy-and-Hold Model has failed is that it was all a grand mistake and one that has caused great human misery. It has now become common practice for "experts" in the investing field to acknowledge that the Efficient Market Theory (the intellectual framework for the Buy-and-Hold Model) has been discredited. But those who acknowledge this often add that they see no need to change the investing advice that they give because no better model for understanding how investing works has come along. The reality is that a new model <i>has</i> come along and that there are thousands of smart investors using it today. They just cannot talk about it! They just cannot share with others who need to know about it what they know! Why is it considered a terrible crime in some quarters to reveal the truth about stock investing as we know it today? Because acknowledging what we know today works requires acknowledging that the Buy-and-Hold advocates got it all terribly wrong. They didn't intentionally get it all wrong and they did generate many insights that will be helping us all for many years to come. But even acknowledging that they are not perfect beings has been more than many of the big-name Buy-and-Hold advocates have been capable of. Humans hurt themselves when they make mistakes and cannot acknowledge them. That's the very human story that we are seeing play out before our eyes as the economic crisis worsens and as see our economic and political systems moving ever closer to the edge of the cliff. Holy moly! Rob This is not “intriguing.” This is “lunacy. ”

I think it’s worth pointing out here that the title that I used when submitting the Guest Blog Entry was “The Greatest Mistake Ever Made in the History of Personal Finance.” I believe (and my opinion is based on eight years of experience debating these matters) that the reason why a good number feel a need to be abusive in discussing whether the Buy-and-Hold Model has failed is that it was all a grand mistake and one that has caused great human misery.

It has now become common practice for “experts” in the investing field to acknowledge that the Efficient Market Theory (the intellectual framework for the Buy-and-Hold Model) has been discredited. But those who acknowledge this often add that they see no need to change the investing advice that they give because no better model for understanding how investing works has come along. The reality is that a new model has come along and that there are thousands of smart investors using it today. They just cannot talk about it! They just cannot share with others who need to know about it what they know!

Why is it considered a terrible crime in some quarters to reveal the truth about stock investing as we know it today? Because acknowledging what we know today works requires acknowledging that the Buy-and-Hold advocates got it all terribly wrong. They didn’t intentionally get it all wrong and they did generate many insights that will be helping us all for many years to come. But even acknowledging that they are not perfect beings has been more than many of the big-name Buy-and-Hold advocates have been capable of.

Humans hurt themselves when they make mistakes and cannot acknowledge them. That’s the very human story that we are seeing play out before our eyes as the economic crisis worsens and as see our economic and political systems moving ever closer to the edge of the cliff.

Holy moly!

Rob

]]> By: The Smarter Wallet http://thesmarterwallet.com/2010/stock-market-strategy-market-timing-long-term/#comment-15107 The Smarter Wallet Wed, 10 Feb 2010 15:36:45 +0000 http://thesmarterwallet.com/?p=11436#comment-15107 @Rob G. I realize that Rob Bennett has his share of detractors. But I open my site to discussion and information exchange. There's room for various view points and I thought to open the floor here to anyone who cares to discuss and debate the subject. I'd be interested to see why you don't agree with the views stated here. Also, there are investors of all sorts, those who believe only in technical analysis vs who thing anything else but day trading is for suckers vs who think that buy and hold is the holy grail. I've met a lot of people who can't admit that stock picking is inferior to index funds ;) . But I'd like to hear the arguments. I assume that you're tired of hearing the same view points over and over again, but there are some of us who aren't part of this history and won't mind reading different ideas (given that they are made appropriately) on investing. If I get tired of the alleged 'trolling' done by anyone to anyone else, I'll make sure to mediate the debate accordingly. @Rob G.
I realize that Rob Bennett has his share of detractors. But I open my site to discussion and information exchange. There’s room for various view points and I thought to open the floor here to anyone who cares to discuss and debate the subject. I’d be interested to see why you don’t agree with the views stated here.

Also, there are investors of all sorts, those who believe only in technical analysis vs who thing anything else but day trading is for suckers vs who think that buy and hold is the holy grail. I’ve met a lot of people who can’t admit that stock picking is inferior to index funds ;) . But I’d like to hear the arguments. I assume that you’re tired of hearing the same view points over and over again, but there are some of us who aren’t part of this history and won’t mind reading different ideas (given that they are made appropriately) on investing. If I get tired of the alleged ‘trolling’ done by anyone to anyone else, I’ll make sure to mediate the debate accordingly.

]]> By: Rob Gagini http://thesmarterwallet.com/2010/stock-market-strategy-market-timing-long-term/#comment-15106 Rob Gagini Wed, 10 Feb 2010 14:55:50 +0000 http://thesmarterwallet.com/?p=11436#comment-15106 This is not "intriguing." This is "lunacy. " I hardly know where to begin. Did you even go to this guy's site, or to the Knol, via the links he provided, and have a look at what he writes? This guy has been long discredited as a troll and a fraud, and the information is right there in his own links. What an embarrassment. This is not “intriguing.” This is “lunacy. ”

I hardly know where to begin. Did you even go to this guy’s site, or to the Knol, via the links he provided, and have a look at what he writes? This guy has been long discredited as a troll and a fraud, and the information is right there in his own links. What an embarrassment.

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