Can The Markets Be Timed?

Can The Markets Be Timed? by Kendall J. Anderson, CFA, Anderson Griggs Investments

In the past I regularly attended investment conferences, and at first they were informative.  As time went by they were my way of rationalizing a vacation for myself and my family at some resort hotel.  During the last decade or so, the few conferences I have attended were those in which I was invited to give a presentation to those attendees willing to listen to my thoughts on portfolio management and security selection.

Given that product sponsors tend to pay for these events, someone who doesn’t have a product to sell is in little demand. This is not to say that conferences are unimportant to the...