Re:Visual proof that investors are bad at timing the market
by sharkbot on Thursday February 02, 2012 @03:25PM
(#3544274)
What about the value of the equity? The equity's worth is not fixed; it's set by the market. So, if Person1's equity is now worth double, how does that change your scenario?
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Re:Visual proof that investors are bad at timing the market
by bolu on Thursday February 02, 2012 @03:43PM
(#3544356)
Good question. The inflow/outflow data is from the ICI (Investment Company Institute - a consortium of fund companies) and is dollars in/out which is independent of asset performance.