The Memo by Howard Marks cover image

Introducing "Behind The Memo": Selling Out

The Memo by Howard Marks

CHAPTER

Market Timing Is Not Fundamentally Driven Investment Decisions

Selling in anticipation of a dip introduces a number of significant questions. The dip you're worried about may or may not arise. But even if you're prescient and the dip does occur, you have to figure out when to go back in. When is it low enough? A lot of people might say we don't know but i do.

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