Bottoms Are Easier to Spot than Tops

This is perhaps the most profound thing I could say about market timing:

Bottoms are easier to spot and harder to act on; It is easy to see a ‘false top,’ and much easier to act on it.”

 

Barry Ritholtz, a Bloomberg Opinion columnist, says risk assets have become very attractive.. He speaks with Bloomberg’s Tom Keene and Lisa Abramowicz on “Bloomberg Surveillance.” Ritholtz’s opinions are his own.

 

Ritholtz Sees ‘Pockets of Froth’ in Stock Market

Bloomberg, February 16th, 2021

 

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