QOTD: Paul Singer on Market Timing

Coming off a huge debt deal with Argentina, hedge fund billionaire Paul Singer’s advise is to be wary of expert advice. “The important turning points in markets are never identified with precision in advance by ‘experts’ and policymakers. This lack of foresight is not surprising, because markets and the course of the economy are not model-able scientific phenomena but rather are examples of mass human behavior, which are never predictable with anything like precision,” says Singer. “But what is surprising is that even the most sophisticated investors, traders and commentators continue to rely on predictions issued by those who have no record of success at such forecasts.”

I have nothing to add here. Perfect.

What's been said:

Discussions found on the web
  1. eyeglasses haledon nj commented on Sep 12

    … [Trackback]

    […] Find More to that Topic: thereformedbroker.com/2016/05/16/qotd-paul-singer-on-market-timing/ […]

  2. 메이저사이트 commented on Sep 26

    … [Trackback]

    […] Info to that Topic: thereformedbroker.com/2016/05/16/qotd-paul-singer-on-market-timing/ […]

  3. 배트맨토토 commented on Oct 06

    … [Trackback]

    […] Info on that Topic: thereformedbroker.com/2016/05/16/qotd-paul-singer-on-market-timing/ […]

  4. Eric Arnoux commented on Oct 09

    … [Trackback]

    […] Find More on that Topic: thereformedbroker.com/2016/05/16/qotd-paul-singer-on-market-timing/ […]

  5. Guns for Sale online commented on Oct 09

    … [Trackback]

    […] Info on that Topic: thereformedbroker.com/2016/05/16/qotd-paul-singer-on-market-timing/ […]

  6. penerimaan bulog commented on Nov 14

    … [Trackback]

    […] Find More here to that Topic: thereformedbroker.com/2016/05/16/qotd-paul-singer-on-market-timing/ […]

  7. mail order weed online commented on Nov 21

    … [Trackback]

    […] Find More here to that Topic: thereformedbroker.com/2016/05/16/qotd-paul-singer-on-market-timing/ […]

  8. rbc online banking sign in banking commented on Nov 27

    … [Trackback]

    […] Find More on on that Topic: thereformedbroker.com/2016/05/16/qotd-paul-singer-on-market-timing/ […]

  9. DevOps consulting commented on Nov 28

    … [Trackback]

    […] Read More on that Topic: thereformedbroker.com/2016/05/16/qotd-paul-singer-on-market-timing/ […]

  10. diamond paintings commented on Dec 17

    … [Trackback]

    […] Info to that Topic: thereformedbroker.com/2016/05/16/qotd-paul-singer-on-market-timing/ […]

  11. rolex day date replica commented on Dec 30

    … [Trackback]

    […] Find More Information here on that Topic: thereformedbroker.com/2016/05/16/qotd-paul-singer-on-market-timing/ […]