No. of Recommendations: 3
I note the conclusion of Saul's post: 'If you think you can predict all that, the rise, the pandemic, the container ships, the war, the inflation, the interest rate rises, the fear of a recession, etc, more power to you. I sure can't. So I just stay with high confidence companies, and I don't try to time the market.
I take this to mean that he continues to conflate discussions and projections of valuation with efforts to 'time the market.' If Saul's comfortable with that, then there's little more to say. It's unfortunate, though, that folks who don't know any better have lost 70, 80, 90 percent of their money in the past year by following Saul's dictum.
