Valuation-Informed Indexing #586: Can Buy-and-Hold and Valuation-Informed Indexing Co-Exist?

I’ve posted Entry #586 to my weekly Valuation-Informed Indexing column at the Value Walk site. It’s called Can Buy-and-Hold and Valuation-Informed Indexing Co-Exist?

Juicy Excerpt: The reality is that the case that market timing is not needed is very weak. It’s a strange reality that that idea ever caught on. There obviously is research showing that short-term timing doesn’t work. So I don’t expect to see any change in the conventional view re that one. But the claim that market timing isn’t needed is not rooted in a research finding. It is rooted in an assumption, nothing more.