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Reply to "Grabbing the bottom of the market"
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[quote=Anonymous][quote=Anonymous]I agree that any upswing is going to be sudden and mostly unpredictable. I know stocks are discounted now. So buy low. If you could time the market, every stable genius would be a billionaire, right? [b]Every financial advisor and expert would be retired[/b] because they don't need to work.[/quote] Just to be clear, 99.9999% of people that go into economics, business, and finance are extremely ill-equipped mathematically. You need to be an ingenious and creative mathematician, with a deep and profound mastery of random processes and nonlinear analysis to build credible market predictions. These are the only people smart enough to truly understand the market and they’re few and far between. I know, I happen to be one of them. [/quote]
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