Special report: A far from random walk from Wall Street

Special report: A far from random walk from Wall Street -> finance.yahoo.com/news/Special-r … set=&ccode

It used to be said that attempting to time the market was a mugs game. Now long-term investing is what mugs do. If you are not prepared to gamble and attempt to time market changes, you probably shouldn’t be investing in stocks, at least not in mutual funds.

They typically have a portfolio of a small number of shares allocated by price according to modern portfolio theory which says x% in financials, y% in healthcare etc. You might only have exposure to one or two shares in a particular portfolio.

My tuppence, anyway!