Warren Buffet doesn't do Market Timing.... he just buys and holds. Takes a while to buy--studies the hell out of the company, then he buys.
I guess the results speak for itself. I knew a guy back in college who bought Berkshire A shares when they were only in the 4 digits.
Quote:
Originally posted by FATPad
You already answered it. 1929.
It's not a first if it's happened before.
*shrugs*
The names change, the prices change, the fundamental theory that the stock market as a whole always goes up given the right timeframe does not as does the concept of not putting money you need in a few years or less into the stock market because no one knows when it will crash.
People can chase their tails in the dark trying to time the market bottoms and market highs if they want. Matters not to me. 
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