Thanks for this. More than half the time I'm Bob...
Interesting channel.
Saw about 1 min of their new video and liked the guy who goes "I have no business shorting stocks, imaginary or real."
The TL;DW message: Not about timing the market, it is about time in the market.
I like the podcast these guys have called Animal Spirits.
Something curious though, I plugged in those timings ($8000 in Nov 1980, 16000 in Aug 87, 54000 in Dec 99, 50000 in Oct 07, and cashing out at 1.1m on Dec 2019) into an XIRR function and it spat out 9.64%.
The SP500 return for the same period was only about 8.5%? Is this right? he did better than the SP500 with terrible timing?
Stonks only go up amirite? lol
Should add this is based on the original article written by Ben Carlson in 2014:
https://awealthofcommonsense.com/201...-market-timer/