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Time in The Market
Manage episode 414670124 series 3337268
Innehåll tillhandahållet av Patrick McCrindle. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av Patrick McCrindle eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.
I want to take this episode to talk about one of my favorite concepts when it comes to investing – and I'm sure you’ve heard me say it before – and I’ll say it again, we cannot time the market. A french mathematician named Louise Bachelier first coined the random walk theory term – and he pretty much said that share price movement, or prices in the market, were like steps taken by a drunk.... unpredictable.
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