Re:Visual proof that investors are bad at timing the market
by publicus on Thursday February 02, 2012 @07:17PM
(#3545197)
Investors as a whole doesn't, but insiders like Goldman and the hedges definitely does.
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Re:Visual proof that investors are bad at timing the market
by bolu on Thursday February 02, 2012 @07:32PM
(#3545230)
Active investors of all kinds definitely try, but again as a whole they've failed. I'll try to dig up the data and put it into an article sometime, but the fallacy that you should just pick a hedge fund and it'll outperform via market timing or securities selection is false.
And of course, as for picking the "right" fund which will subsequently do that - well that's the hard part.