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Showing posts with label cyclically adjusted price earnings. Show all posts
Showing posts with label cyclically adjusted price earnings. Show all posts

Monday, 7 September 2009

Investing With a Time Machine

An Obvious Approach?

Always and everywhere the market timing argument resurfaces in multifarious forms. The idea is simple: sell high and buy low: what could be more obvious? Well, there’s a problem. It’s not necessarily insurmountable but it’s definitely a bit tricky.

You may need a time machine to implement the concept successfully.