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2. TRYING TO TIME MARKETS Investors' habit of mistiming markets costs them more than 1 percentage point a year in returns, according to an academic paper from Cass Business School.
Trying to time markets is a fool's game.
Over time markets saw through the questionable assumptions underlying the I.M.F.
Such pressure is likely to increase.At the same time, markets are getting more efficient.
Over time, markets would most efficiently solve most problems, they argued.
Volatility often peaks around the time markets change directions, and that may have been true in 2002.
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And many people time market moves badly.
The Wizards wasted no time marketing their new asset.
But some question the value of trying to time market moves.
"For a brand to invest in a new flavour it takes time, market-testing and investment.
He quickly realized that there was no way to time market turns.
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