One indication that we’re a lot closer to the greed end of the spectrum comes from the widespread popularity today of buying and holding index funds. Judging by the 200 newsletters I monitor, market timers are struggling. It’s a good bet that just the opposite will be true at the bottom of the next bear market.
~ Mark Hulbert, "How the 1% at Davos make the same mistakes as we do about stocks and the economy," MarketWatch.com, January 10, 2020
Jan 18, 2020
Mark Hulbert on market sentiment, index funds, and market timers
Labels:
greed,
indexation,
market timing,
people - Hulbert; Mark,
sentiment
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