153: Xiao Qiao – Research Analyst Shares Practical Ways to do Better Research
Chat With Traders
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The Importance of Market Timing
When you say forecast returns, how specific are you trying to be? Like five days from now, the S&P 500 will be up 5%. All you can say is in all likelihood in the next five days, the return will be centered around some number. So there is a lot uncertainty associated with return predictability. But if you have an idea where it's going to go, then you can do something about it. That's what market timing is all about.
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