August 2014: How Do Market Timers Perform?
You may have heard us profess that we don’t try to time markets because we believe it is extremely rare to find someone who has successfully done it over the long run. Well now there is more proof. Getting out of the market at the top is one thing, getting back in is another. Mark Hulbert has been tracking 160 financial newsletters since 1980 via his Hulbert Financial Digest. Mr. Hulbert recently wrote an article in the Wall Street Journal titled “Still Trying to Time the Stock Market? Read This First”1. In the article he cites the example of Richard Russell, the editor of the long...
Read More