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Market Timing And The Myth of Loss Aversion

By On May 18, 2011 · 36 Comments

Tweet I’m a subscriber to the Random Walk theory of stock market behavior by Burton G. Malkiel. This basically says that markets are efficient and it is impossible to predict future performance. Some people have a good stock picking track record, like Warren Buffet and Peter Lynch, but over the long-term not even the experts [...]

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