Staying Invested: Long-Term Perspective and Market Timing

This chapter emphasizes the importance of taking a long-term perspective in the market and avoiding common mistakes of trying to time it. It discusses the consequences of missing out on the best performing market days and presents a case study showing the unpredictability of sentiment and media headlines as predictors of market movements. The chapter also highlights the difficulty of market timing and the potential pitfalls of worrying about market conditions.