Do You Know Anyone Who Consistently Buys High and Sells Low?

[BargainValueHunter]

I keep hearing that now is not the time to be in the markets.

 

I heard that in March 2009 and 2002.

 

Of course, everyone just knows that now is when you buy gold and Treasuries.

 

Why do the majority of investors keep making these same mistakes over and over?

 

Buffett has provided the blueprint but so many people just won't follow his lead. 

 

 

[twacowfca]

Yes.  Market cap weighted index funds!

[ericd1]

I doubt if anything is "different this time" - The average investor studies show they typically buy high and sell low!

 

Most folks are "wired" incorrectly to be successful in the market!

[rogermunibond]

I don't know anyone who consistently does that, because even a blind squirrel will find an acorn once in a while.

 

But collectively, I know someone named Mr. Market who makes a blind squirrel seem like an oracle of Delphi.