mwengler comments on "Risk" means surprise - LessWrong

6 Post author: PhilGoetz 22 May 2015 04:47AM

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Comment author: mwengler 27 May 2015 10:28:59PM 1 point [-]

The people who are good at it

It is likely that there are no people who are good at timing the market. I am not aware of anybody that is good at timing the market. The best investor in the world, Warren Buffett, does not time the market at all. His high investing returns over more than half a century do suggest he has some credibility when he suggests that no one can time the market successfully.

Comment author: Lumifer 28 May 2015 04:48:50PM 0 points [-]

I am not aware of anybody that is good at timing the market.

Why would you expect to be?