Market Timing Fallacy

Why patience beats prediction every time. Market timing is the fantasy that you can predict tops and bottoms, buy low and sell high, and get rich quick. The data says otherwise. Even professional traders fail at timing markets consistently.



This book dismantles the market timing myth. We analyze decades of research showing that time in the market beats timing the market. The investor who stays invested through crashes outperforms the trader who tries to dodge them. Why? Because missing the ten best days wipes out years of gains.



We explore behavioral biases that make timing irresistible. Recency bias makes us extrapolate trends forever. Loss aversion makes us sell at bottoms. Overconfidence makes us think we are smarter than the market. Learn to ignore noise. Build a system. Stay the course. Patience is not sexy, but it works.